Tickets to the Michigan-Notre Dame Football Game Are Usually Sold

question 169

Multiple Choice

Tickets to the Michigan-Notre Dame football game are usually sold out in advance of game day.This suggests that

• A)the price of the tickets must be very high or else people would not consider them valuable
• B)the price is set below the equilibrium level
• C)the football stadium is relatively small
• D)everyone who attends the game will enjoy it
• E)the price is determined primarily by the fixed supply of tickets

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