here is a cool article involving demand, elasticity, and the super bowl!
http://www.forbes.com/sites/prishe/2013/09/19/super-bowl-xlviii-pricing-a-lesson-in-demand-elasticity/
The article discusses ticket prices on the rise, mark ups, and also evaluates consumer surplus.The conclusion is that there will be higher
face prices for marquee seating at this year's Super Bowl.
http://www.forbes.com/sites/prishe/2013/09/19/super-bowl-xlviii-pricing-a-lesson-in-demand-elasticity/
The article discusses ticket prices on the rise, mark ups, and also evaluates consumer surplus.The conclusion is that there will be higher
face prices for marquee seating at this year's Super Bowl.
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