Suppose that Tiger Woods, the well-known golfer, says that his last golf appearance will take place at the next US Open Tournament. How could this change the demand for tickets to the tournament?
- AIt will cause a movement downward along the demand curve.
- BIt will cause a movement upward along the demand curve.
- CIt will cause a shift to the left in the position of the demand curve.
- DIt will cause a shift to the right in the position of the demand curve.