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You Are Provided with the Following Table, Which Shows Price

Question 111

Essay

You are provided with the following table, which shows price and quantity demanded data for soccer game tickets.
(a) A major advertising campaign doubles the demand for soccer game tickets. Fill in the table to show the new demand data.
(b) Which way has the demand curve shifted?
 Price of  tickets  Quantity demanded  of tickets $203600$223400$243200$263000$282800$302600\begin{array} { | c | c | } \hline \begin{array} { c } \text { Price of } \\\text { tickets }\end{array} & \begin{array} { c } \text { Quantity demanded } \\\text { of tickets }\end{array} \\\hline \$ 20 & 3600 \\\hline \$ 22 & 3400 \\\hline \$ 24 & 3200 \\\hline \$ 26 & 3000 \\\hline \$ 28 & 2800 \\\hline \$ 30 & 2600 \\\hline\end{array}  Price of  tickets  Quantity demanded  of tickets $20$22$24$26$28$30\begin{array} { | c | c | } \hline \begin{array} { c } \text { Price of } \\\text { tickets }\end{array} & \begin{array} { c } \text { Quantity demanded } \\\text { of tickets }\end{array} \\\hline \$ 20 & \\\hline \$ 22 & \\\hline \$ 24 & \\\hline \$ 26 & \\\hline \$ 28 & \\\hline \$ 30 & \\\hline\end{array}

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