Atlanta Falcons' new stadium will offer $2 hot dogs and $5 beer

CNN Money reports:

Atlanta Falcons fans have a new reason to cheer -- cheap concessions.

When the team's new Mercedes-Benz Stadium opens in 2017, the prices of hot dogs and soda (with unlimited refills) will be the lowest in the NFL at just $2 each.

In fact, across all four major sports leagues, only two Major League Baseball teams have cheaper prices for sodas and hot dogs.

Other inexpensive concession offerings will be: $2 bottled water, pretzels and popcorn; $3 peanuts, pizza, nachos and waffle fries; and $5 12-ounce cups of domestic beer.

Because of the low prices, a family of four will be able to eat for about $28 at Falcons games and other events at the stadium.

Price elasticity.