Season tickets to the Toronto Maple Leafs games are sold out at $100 per game,leaving some fans without tickets.As the season progresses,it is clear that the Maple Leafs will make it to the playoffs.What is the effect on demand for and resale price of Maple Leafs tickets,assuming resale is legal?
A) Demand will rise and the resale price will remain at $100 per game.
B) Demand will rise and the resale price will rise.
C) Demand will fall and the resale price will remain at $100 per game.
D) Demand will rise and the resale price will fall.
E) Demand and the resale price will be unchanged.
Correct Answer:
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