Question
Read the article'Scalping Isn't Scamming'(https://www.usnews.com/opinion/articles/2016-10-04/why-congress-shouldnt-curb-ticket-scalping-after-hamilton-prices-soar) : Using the supply and demand model the preset ticket price for Hamilton. How do you explain scalping using the
Read the article'Scalping Isn't Scamming'(https://www.usnews.com/opinion/articles/2016-10-04/why-congress-shouldnt-curb-ticket-scalping-after-hamilton-prices-soar)
:
- Using the supply and demand model the preset ticket price for Hamilton. How do you explain scalping using the market efficiency rules? Which buyers buy the tickets from scalpers at higher prices? How does scalping affect consumer surplus?
- Do you think there should be laws against reselling tickets above their face value? Why or why not?
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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
9780077632182, 78025672, 77632184, 978-0078025679
