Answer to Question #50567 in Economics of Enterprise for Christoph Liquor

Question #50567
Use supply and demand to show why teams that win championships typically raise their ticket prices the next season.
1
Expert's answer
2015-02-03T10:24:55-0500
If teams win championships, the demand for their matches increases, as more people are interested in these teams. But as the supply or the size of the stadium is limited, teams raise their ticket prices the next season to use this situation and earn more.

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