why it would cost Rafael Nadal or Venus Williams more to leave the professional tennis tour and open a tennis shop than it would for the coach of a university tennis team to do?
Suppose you are a stock market analyst specializing in the stocks of them parks, and you are examining Disneyland’s stock. The Wall Street journal reports that tourism has slowed down in the United States. At Six Flags Magic Mountain in Valencia, California a new Viper roller coaster is now operating and another new ride, Psyclone, will be opening this year. Using demand and supply analysis, predict the impact of these events of ticket prices and attendance at Disneyland. As reported in the Wall Street journal, Disneyland slashed ticket prices and admitted that attendance was somewhat lower. Is this consistent with your prediction using demand and supply analysis? In light of the fact that both price and output were falling at Disneyland, is the law of demand being violated in the world of fantasy?