Author Question: How will a team winning a championship affect consumer demand for tickets and the prices charged for ... (Read 37 times)

rmenurse

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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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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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