Principles of Economics Discussion -
Super Bowl Tickets: This has two parts to the assignment. First part is as follows. Remember to cite all outside references.
First part is due on Monday and the other as the post arrives.
1. Respond to the following questions:
• As the price of super bowl tickets rises, what happens to the quantity of tickets that people are willing to buy? Explain your answer.
• As the price of super bowl tickets rises, what happens to the quantity of tickets that people are willing to sell? Explain your answer.
• If the government bans the aftermarket sale of super bowl tickets would this act as a price ceiling? Explain your answer.
2. respond to at least two other student's post.