A. the surplus of tickets that occurs when price is set below equilibrium.
B. the shortage of tickets that occurs when price is set above equilibrium.
C. pricing tickets so high that an athletic or artistic event will not be sold out.
D. reselling a ticket at a price above its original purchase price.
B. the shortage of tickets that occurs when price is set above equilibrium.
C. pricing tickets so high that an athletic or artistic event will not be sold out.
D. reselling a ticket at a price above its original purchase price.
ANSWER:
D reselling a ticket at a price above its original purchase price.