The Graph Below Shows the Supply and Demand for Tickets

question 109

Multiple Choice

The graph below shows the supply and demand for tickets to a Raptors basketball game.

-Refer to the graph above to answer this question.All of the statements below,except one are correct.Which is the exception?

• A)If the price of a ticket is $40 and demand is D₃,then there will be 5,000 unsold tickets.
• B)If the price of a ticket is $60 and demand is D₂,then there is a shortage of 2,500 seats.
• C)If the price of a ticket is $20 and demand is D₁,then 5,000 people who would like to attend the game will not be able to unless they are able to buy a ticket from a scalper.
• D)Any price under $40 will result in all the tickets being sold regardless of which of the three demand curves is considered.

Comprehend how HR demand is satisfied through internal and external sources.

Identify different scenarios such as HR gap in human capital management.

Explain the process and steps involved in HR forecasting.

Appreciate the significance of strategic human capital management for competitive advantage.

---

Definitions:

Epidural Analgesia

A type of anesthesia used to relieve pain, often during childbirth, by injecting medication into the epidural space near the spinal cord.

Pain Is Subjective

A concept that recognizes the individual and personal nature of experiencing pain, which can vary greatly from one person to another.

Individual Values

Core beliefs or standards that guide behavior and decision-making in an individual's life.

Sedation Rating Scale

A tool used by healthcare professionals to measure the depth of sedation in patients, ensuring medication doses promote safety and comfort.