Olympic 2012 Ticket Prices to be Released

The video discusses the challenges of obtaining tickets for the 2012 London Olympics, highlighting the uncertainty of ticketing rules and the low probability of securing tickets due to high demand. It explains the impact of European competition laws on ticket availability and emphasizes the importance of pricing in meeting public expectations. The video also addresses concerns about inclusivity and accessibility, suggesting that while premium seats may be costly, affordable options should be available for those less concerned about specific events.

What is the probability of obtaining a ticket for the 100 meters final at the London Olympics?

• 1 in 500

• 1 in 200

• 1 in 100

• 1 in 50

How does European competition law affect the ticketing process for the London Olympics?

• It limits the number of tickets available to non-Europeans.

• It gives priority to British citizens.

• It allows everyone in Europe to participate equally in the ticket draw.

• It restricts ticket sales to UK residents only.

What fraction of the total tickets will be allocated to major sponsors and foreign Olympic federations?

• 1/4

• 1/3

• 1/2

• 1/5

What was the initial promise regarding the price of tickets for the London Olympics?

• Over 4 million people would get tickets for less than £20.

• All tickets would be priced under £50.

• Tickets would be free for children under 12.

• Prices would be the same as the previous Olympics.

What could be a consequence of high ticket prices for the London Olympics?

• A dramatic loss of confidence in the Olympics.

• Increased public confidence in the Olympics.

• Higher attendance at the events.

• More tickets being sold.