Question
If the Los Angeles Lakers had a 42-30 record in the shortened 2020-21 NBA season and then go 30-52 in the 2021-22 season, we would
If the Los Angeles Lakers had a 42-30 record in the shortened 2020-21 NBA season and then go 30-52 in the 2021-22 season, we would expect the intercept of the demand curve for Lakers tickets to lie____________
on the y-axis in P/Q space in 2021-22 than it did in 2020-21. This means the Lakers could sell___________________
tickets at any price they set in 2021-22. However, the Lakers might not actually change the number of tickets to home games they sell if they are________________
by the size of the Staples Center in both seasons. However, we might expect to see the price the Lakers charge for tickets _______________ in 2021-22
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