The Montreal Symphony Orchestra wants to make sure that its concerts are affordable for all residents of Montreal and therefore prices all of its tickets at $25.However,outside Place des Arts (the concert hall where they play),people can sell the same tickets for $75 or more.The true cost to the concert-goer of a ticket to the symphony is at least:
A) $25.
B) $50.
C) $75.
D) $100.

Question

Quizplus · Accepted Answer

The true cost to the concert-goer is the market value of the ticket, which is $75 or more, as that is what people are willing to pay outside the concert hall.

The Montreal Symphony Orchestra Wants to Make Sure That Its