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CASE 3: Ticket prices to America's premier sporting event, the Super Bowl, were much lower when it was first played in 1967. In fact, you
CASE 3: Ticket prices to America's premier sporting event, the Super Bowl, were much lower when it was first played in 1967. In fact, you could have bought a ticket for a little as $6. This seems very low by more current prices. Pre-COVID in 2018 , many seats sold for over $5,000. If the CPI from 1967 was 33 and the CPI for 2018 was 252 , how would you convert the price of a $6 ticket to 2018 dollars? (CASE 3 is worth up to 5 points.)
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