Multiple Choice
There are 72,922 seats in Lambeau Field where the Green Bay Packers play football. The Packers have sold out their season tickets since 1960. There are about 80,000 people on the waiting list to buy season tickets in 2015. If the Packers raised ticket prices, the
A) demand for Packers tickets decreases.
B) demand curve for Packers tickets shifts leftward.
C) demand curve for Packers tickets shifts rightward.
D) the quantity demanded of Packers tickets decreases.
Correct Answer:
Verified
Correct Answer:
Verified
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