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Author Question: How will a team winning a championship affect consumer demand for tickets and the prices charged for ... (Read 81 times)

rmenurse

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on: Jun 29, 2018
How will a team winning a championship affect consumer demand for tickets and the prices charged for tickets?

Question 2

Explain how sports marketing has impacted the economy.


vickybb89

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Demand and prices for tickets will go up.

Answer to Question 2

Sports marketing is a multibillion-dollar global industry. The popularity of sporting events has impacted individual and family budgets. Large sums of money are spent on salaries for players and coaches. Large sums of money are also spent by consumers on sporting events and related products.


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