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Macroeconomics 8th Edition by David Colander
Edition 8ISBN: 978-0077398088Macroeconomics 8th Edition by David Colander
Edition 8ISBN: 978-0077398088 Exercise 2
About 10,000 tickets for the 2005 Men ' s Final Four college basketball games at the St.a.Demonstrate the supply and demand for Final Four tickets. How do you know that there is an excess demand for tickets at $130?
b.Demonstrate the scalped price of between $200and $2,000.
c.what would be the effect of legalizing scalping on the resale value of final Four tickets?
b.Demonstrate the scalped price of between $200and $2,000.
c.what would be the effect of legalizing scalping on the resale value of final Four tickets?
Explanation
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(a) There will be excessive demand for l...
Macroeconomics 8th Edition by David Colander
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