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Source: Powder.com |
The economic principle I am exploring is: What are the opportunity costs of lift ticket prices being so high?
The overall question I will research is How does climate change effect ski resorts and why is skiing so expensive?
According to the article "Climate Study Suggests Skiing Is On a Short Leash", by powder.com the author states "After running 300,000 years of climate model simulations, with data by the hour, the study concluded that "virtually" all ski areas in the United States will not have the snow to operate like they do today."
First, this has started to become a major panic in the skiing industry. Businesses need to cut down on their emissions to save the environment. If people ever want to ski through the glorious powder like they have been for hundreds of years, the pollution must be stopped.
Second, the shorter the ski season the less profit that the big ski corporation make each year. Eventually if they don't have enough snow all year they may not even be able to open the mountains. Places like Vail, Beaver Creek, and Jackson hole have the best skiing in the united states, but if climate change continues to increase at the rate it is today they will become non existent.
Third, With this new information ski hills have began to invest massive amounts of money into the snow making industry. When companies have to invest all their money into making the snow instead of it being naturally produced they have to raise their ticket prices. Today the average ski ticket price is $ 136 per day. If they continue to pollute the environment with all of these harmful toxins we will begin to see ski prices rise, making it unaffordable for most.
In my next blog I will research the question: What is the operation cost of electricity on the mountain?
overall I thought you did a good job explaining why the prices are that high, in the future i would recommended diving more into how weather affects it.
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