Economists Tend to See Ticket Scalping as

question 25

Multiple Choice

Economists tend to see ticket scalping as

• A)a way for a few to profit without producing anything 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.

---

Definitions:

Finished Goods

Goods that are finished with production and available for purchase.

Accounts Receivable

The money owed to a company by its customers for products or services that have been delivered but not yet paid for.

Work in Process

Goods in various stages of completion throughout the production process, not yet ready for sale.

Finished Goods

Items that are finished with production and available for purchase by consumers.