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AP® Microeconomics

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Market Demand: Super Bowl Tickets

APMICR-G4WXDJ

Which of the following could describe market demand for Super Bowl tickets?

A

Consumers will purchase 60,000 Super Bowl tickets if the price is \$150.

B

Bob will buy a Super Bowl ticket if he is able to purchase it for \$250 or less.

C

When the price of Super Bowl tickets increases from \$250 to \$300, the quantity demanded decreases by 5,000.

D

Society's optimal quantity of Super Bowl tickets is 70,000.

E

The sum of individual demands for Super Bowl tickets shows that each change in price of \$50 decreases quantity demanded by 5,000.