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Sublight2097 Sublight2097
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Posts: 4132
8 years ago
What effect does the televising of the Super Bowl have on the cost to the National Football League of giving someone a ticket to the game?
A) It has no effect because all the costs of playing the game are sunk costs.
B) It has no effect on the cost because the demand doesn't affect cost.
C) It lowers the cost because fewer people will want to buy tickets.
D) It raises the cost because fewer people will want to buy tickets.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 260 times
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DropxDropx
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Posts: 1991
8 years ago
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Sublight2097 Author
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8 years ago
Seriously, you've been tremendously helpful! Thank you.
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8 years ago
Thanks for updating the community. A lot posters don't realize how important feedback is!
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