Will certain teams and events be affected more than others

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Question: Suppose that a group of die-hard sports fans is upset about the high price of tickets to many games. As a result of their lobbying efforts, a new law caps the maximum ticket price to any sporting event at $50. Will more people be able to attend the games? Explain your answer. Will certain teams and events be affected more than others? Provide examples.

Reference no: EM131480708

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