One In the News article in the text titled "Students Struggle to Find Final Four Tickets" described how professional scalpers use the Internet to sell hard-to-get tickets to concerts and sporting events.When scalpers resell tickets at prices closer to equilibrium,

Question

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When scalpers resell tickets at higher prices, it increases the incentive for people to sell their tickets, making the market shortage smaller. This means that more people are willing to sell their tickets, which in turn decreases the price premium that scalpers can charge. Therefore, scalpers will still make a profit, but the market shortage is smaller.

One in the News Article in the Text Titled "Students