There are 72,922 seats in Lambeau Field where the Green Bay Packers play football. The Packers have sold out their season tickets since 1960. There are about 80,000 people on the waiting list to buy season tickets in 2010. Packers tickets are a normal good. As a result of the economic recession in 2010 during which peopleʹs incomes decreased, the
A) substitution effect changed the quantity demanded.
B) demand curve for Packers tickets shifted rightward.
C) quantity demanded of Packers tickets decreased.
D) demand for Packers tickets decreased.
Correct Answer:
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Q430: There are 72,922 seats in Lambeau Field
Q431: A ticket to see the Radio City
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