Suppose that television show A is much more popular than television show B. The equilibrium price for a ticket to view the taping of show A is $40 and the equilibrium price for a ticket to view the taping of show B is -$30. If free tickets are offered for the taping of both shows,it is likely that
A) there will be a shortage of tickets for show A and a surplus of tickets for show B.
B) there will be a surplus of tickets for show A and a shortage of tickets for show B.
C) there will be a surplus of tickets for both shows.
D) there will be a shortage of tickets for both shows.
Correct Answer:
Verified
Q22: If the government legalized the purchase and
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