Ticket scalpers at the NCAA basketball tournament last year charged prices high above the printed ticket price. This observation is evidence of
A) the tournament getting too much television exposure.
B) a shortage at printed ticket prices.
C) the tournament not being televised.
D) a surplus at printed ticket prices.
Correct Answer:
Verified
Q217: Q218: An increase in the number of producers Q219: Which of the following influences does NOT Q220: To say that ʺsupply increasesʺ for any Q221: If the price of a video rental Q223: The equilibrium price is the price at Q224: In a supply and demand figure, the![]()
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