In one year, 15 bowling alleys opened in California. During that same year, ESPN started broadcasting professional bowling on TV, which sparked more interest in the sport. What would we expect to happen to the price and quantity of a game of bowling in California during that year?

Question

Social Studies

David Mullen

4 March, 23:42

In one year, 15 bowling alleys opened in California. During that same year, ESPN started broadcasting professional bowling on TV, which sparked more interest in the sport. What would we expect to happen to the price and quantity of a game of bowling in California during that year?

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Answers (1)

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Beaux · Answer 1

We could expect an increase in the price and quantity of a game of bowling during that year.

Explanation:

If the game is becoming more and more popular the demand of places to engage in the activity will rise, as a consecuence prices will go up. Also if the bussisnes is profitable many bowling alleys may open, eventually prices may go down due to the competition between the different owners of the bowling alleys and the amount of them available for people to choose.