price of tickets to a Los Angeles Lakers game can be attributed to
A) the scalping of tickets on StubHub.
B) sales taxes charged by online ticket sellers like Ticketmaster.
C) the popularity of players like Candace Parker of the Los Angeles Sparks.
D) the rise of online pricing in resold tickets and the supply-demand interaction for high-interest sporting events.
E) losses due to declines in sales of television rights.

Question

Quizplus · Accepted Answer

The rise of online pricing in resold tickets and the supply-demand interaction for high-interest sporting events is the primary reason for the high price of Lakers' tickets. Scalping of tickets on StubHub and sales taxes charged by online ticket sellers might contribute to the price increase, but they are not the primary reasons. The popularity of players like Candace Parker can affect the prices of tickets for Los Angeles Sparks games, but it is not relevant to the Lakers. The losses due to declines in sales of television rights are not related to the price of tickets.

Price of Tickets to a Los Angeles Lakers Game Can