Economists Tend to See Ticket Scalping As

question 117

Multiple Choice

Economists tend to see ticket scalping as:

• A)a way for a few to profit while producing nothing of value
• B)an inequitable interference in the orderly process of ticket distribution
• C)a way of increasing the efficiency of ticket distribution
• D)an unproductive activity which should be made illegal everywhere

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Definitions:

Order

The arrangement or organization of people or things according to a particular sequence, pattern, or system, often to create structure and efficiency.

Seek Change

The act of pursuing or advocating for modifications, transformations, or updates in practices, policies, or personal behaviors.

Referent Power

The ability to influence others based on their admiration, respect, or desire to identify with the person possessing this power.

Positional Power

The authority and power vested in an individual’s role or position within an organization's hierarchy.