Last year the University of Florida menʹs basketball team, Gators, won the NCAA tournament. As a result, attendance at Gator basketball games has increased dramatically. Explain the difference between the supply of seats for Gator games in the short term and in the long term. How would you describe the elasticity of supply of seats in the long term?

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The Answer of Last year the University of Florida menʹs basketball team, Gators, won the NCAA tournament. As a result, attendance at Gator basketball games has increased dramatically. Explain the difference between the supply of seats for Gator games in the short term and in the long term. How would you describe the elasticity of supply of seats in the long term?

Last Year the University of Florida Menʹs Basketball Team, Gators