Which occurrence would NOT show an inefficient market
A)a scalper selling Montreal Canadians hockey tickets on the sidewalk
B)the only gas station in a location that is 100 kilometres from the next closest gas station
C)a steel mill that also produces pollution
D)a college student attending a private university

Question

Quizplus · Accepted Answer

A scalper selling Montreal Canadians hockey tickets on the sidewalk is an example of an efficient market. The scalper is providing a service to fans who are willing to pay a premium to get tickets to a popular event. The scalper is also taking on the risk of not being able to sell all of the tickets, so they are providing a valuable service to the market.

Which Occurrence Would NOT Show an Inefficient Market