asked 36.0k views
3 votes
The Super Bowl is often played in stadiums that seat over 80,000 people. How can tickets for the Super Bowl sell for thousands of dollars when there are so many tickets?

asked
User MattiSG
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8.2k points

2 Answers

6 votes

Answer:there is a limited quantity of tickets

Step-by-step explanation:

answered
User Gkgkgkgk
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9.0k points
4 votes
In capitalism, the price of goods is based on supply and demand. The attached chart shows how each affect the price of goods.
In the situation described, the supply of the tickets are high. However, so is the price. This tells us that the demand for the good has to be extremely high as well, or else the producers wouldn't be able to sell this product at such a high price. Hope this helps!
The Super Bowl is often played in stadiums that seat over 80,000 people. How can tickets-example-1
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User PersonWithName
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7.9k points
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