Solved

Which of the Following Statements About Ticket Scalping Is Correct

Question 86

Multiple Choice

Which of the following statements about ticket scalping is correct?


A) On economic grounds, ticket scalping does more harm than good among those who engage in it
B) Ticket scalping occurs when the event organizers set the formal price of the tickets higher than the equilibrium price
C) The existence of a scalpers' market could mean that the event sponsors/organizers are getting lower sales revenues that what they could have gotten at equilibrium
D) Ticket scalping obviously benefits the sellers/scalpers, but is often harmful to the ones buying the tickets

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents