If scalpers were to charge only face value for tickets to a sold-out event, there would be
A) a scalped ticket available for every seat in the stadium.
B) a higher price in the market for scalped tickets than the equilibrium price.
C) a price in the market for scalped tickets equal to the equilibrium price.
D) a lower price in the market for scalped tickets than the equilibrium price.
Correct Answer:
Verified
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