Which of the Following Situations Results from a Ticket Price

question 282

Multiple Choice

Which of the following situations results from a ticket price to a concert set below the equilibrium price? ​

• A) ​A long line of people wanting to purchase tickets to the concert.
• B) ​No line of people wanting to buy tickets to the concert.
• C) ​Tickets available at the box office, but no line of people wanting to buy them.
• D) ​None of the above.

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Definitions:

Extraversion

A personality trait characterized by high levels of enthusiasm, sociability, and assertiveness.

Neuroticism

A personality trait characterized by a tendency towards anxiety, depression, anger, and emotional instability.

Big Five Traits

A model outlining five major dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Neuroticism

A personality trait characterized by the tendency to experience frequent and intense negative emotions.