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In 2014, the Seattle Seahawks won the Super Bowl.  Draw a supply and demand graph for Seahawk...

  1. In 2014, the Seattle Seahawks won the Super Bowl.  Draw a supply and demand graph for Seahawk tickets in the following season to show the impact of the Super Bowl win.  (It would be the same graph for Seahawk t-shirts or hotdogs and beer at the game.)
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Answer #1

A win by Seahawks in current season will increase the demand for Seahawks tickets in next season, shifting its demand curve rightward which will increase both the price and quantity of tickets.

In following graph, D0 & S0 are initial demand and supply curves for Seahawks tickets, intersecting at point A with initial price P0 and quantity Q0. Higher demand will shift D0 rightward to D1, intersecting S0 at point B with higher price P1 and higher quantity Q1.

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