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The Yankees and the Mets share the baseball market in New York. If the Mets moved to a much smaller city without a current MLB

The Yankees and the Mets share the baseball market in New York. If the Mets moved to a much smaller city without a current MLB team (but kept their name) would we expect Mets ticket prices to rise, fall, or neither?

 

Question 16 options:

 

Rise

 

 

Fall

 

 

Neither

 

 

Economic theory gives us no prediction

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