https://www.npr.org/sections/money/2013/06/27/196277836/kid-rock-takes-on-the-scalpers

Read the article and answer the questions

1. Why might musicians make a serious effort to keep their ticket prices "affordable" while some charge as much as possible? 2. According to the president of Ticketmaster, artists who charge the least usually see the most scalping. Explain the economics why this is the case. 3. Why is it clear that Taylor Swift underpriced her concert tickets? 4. Once fans have entered a concert venue, they are bombarded with vendors selling everything from drinks and food, to T-shirts, to other kind of souvenirs. Explain why lower ticket prices can affect these markets. 5. Kid Rock is implementing a number of innovations to squeeze out the secondary market. What are his ideas and how do they benefit fans? 6. Explain the fact that concert goers find it more acceptable to pay the market price to a scalper than to the artist?