In some states and localities scalping is against the law, although enforcement of these laws is spotty.
Question:
a. Using supply/demand analysis and words, demonstrate what a weakly enforced antiscal ping law would likely do to the price of tickets.
b. Using supply/demand analysis and words, demonstrate what a strongly enforced anti scalping law would likely do to the price of tickets.
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a A weakly enforced antiscalping law would add an additional cost to thos...View the full answer
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