Suppose that last year the Tulane University men's basketball team, the Green Wave, won the NCAA tournament. As a result, attendance at Green Wave basketball games has increased dramatically. Explain the difference between the supply of seats for Green Wave games in the short term and in the long term. How would you describe the elasticity of supply of seats in the long term?

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The Answer of Suppose that last year the Tulane University men's basketball team, the Green Wave, won the NCAA tournament. As a result, attendance at Green Wave basketball games has increased dramatically. Explain the difference between the supply of seats for Green Wave games in the short term and in the long term. How would you describe the elasticity of supply of seats in the long term?

Suppose That Last Year the Tulane University Men's Basketball Team