Tickets to a Sporting Event Go on Sale and Sell

question 63

Multiple Choice

Tickets to a sporting event go on sale and sell out almost instantly.This suggests that

• A)There are too many tickets to the event.
• B)The price for the tickets is below the equilibrium price.
• C)The tickets must be very expensive.
• D)There is a surplus of tickets.

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Definitions:

Saline

A solution of salt in water, often used in medical treatments for hydration or as a solvent for medications.

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Slim optical devices worn directly on the eye to enhance sight or for aesthetic reasons.

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