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. If the Packers raised ticket prices,the

Question

Quizplus · Accepted Answer

The fact that there are 80,000 people on the waiting list for season tickets suggests that the demand for tickets is high. However, if ticket prices were raised, the quantity demanded (the actual number of tickets purchased) would likely decrease. This is because some fans may not be able to afford the higher prices or would be unwilling to pay more for the same product. Therefore, the best choice is D.

There Are 72,922 Seats in Lambeau Field Where the Green