Final answer:
The price of the sport core product (ticket price) is only a part of the total cost paid by the consumer when attending a sporting event. There are several additional costs that consumers may have to bear when attending a sporting event.
Step-by-step explanation:
The statement is True. The price of the sport core product (ticket price) is only a part of the total cost paid by the consumer when attending a sporting event. There are several additional costs that consumers may have to bear when attending a sporting event, such as transportation costs, parking fees, food and beverage expenses, and additional fees for merchandise or souvenirs.
For example, if a student purchases a ticket to watch a baseball game, they may have to consider the cost of transportation to the stadium, parking fees, and any additional expenses for food or drinks during the game. These additional costs can significantly increase the total amount paid by the consumer.
Therefore, it is important for consumers to consider all the associated costs when attending a sporting event and not just the ticket price.