Sports economics 1.Suppose only the price of tickets increases will this change demand? If not, explain why the demand d

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Sports economics 1.Suppose only the price of tickets increases will this change demand? If not, explain why the demand d

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Sports economics
1.Suppose only the price of tickets increases will this changedemand? If not, explain whythe demand does not change?2. Since the demand does not change, but the price changes theremust be a shift in supply.What are three things a baseball team could do to increase thesupply curve?3. When there is an increase in the supply what will happen to theequilibrium quantity andprice?4. What are three things a baseball team could do to increase thedemand curve?5. When there is an increase in the demand what will happen to theequilibrium quantity andprice?6. In 2010, Barack Obama said that he would like to haveprofessional sports leaguesconsider ways to lower the price of tickets. How could sportsleagues lower the prices?
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