Author Question: How will a team winning a championship affect consumer demand for tickets and the prices charged for ... (Read 78 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
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

  • Sr. Member
  • ****
  • Posts: 347
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

For a complete list of videos, visit our video library