Which of the Following Statements About Ticket Scalping Is Correct

question 106

Multiple Choice

Which of the following statements about ticket scalping is correct?

• A) Scalping tends to be prevalent when there is a surplus of tickets.
• B) Scalping tends to be prevalent when there is a shortage of tickets.
• C) Scalping benefits only one party-the sellers-but not the buyers.
• D) Scalping benefits only one party-the buyers-but not the sellers.

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Definitions:

Ergo Propter Hoc

Refers to the logical fallacy where it is assumed that because one thing follows another, the first thing caused the second.

Fallacy

An incorrect belief or mistaken reasoning often based on unsound argument.

Deregulated

Refers to the reduction or elimination of government power in a particular industry, usually to create more competition and increase efficiency.

Post Hoc

Post hoc, short for "post hoc ergo propter hoc," is a logical fallacy that assumes a cause-and-effect relationship simply because one event follows another.