Suppose One of Baseball's Most Enduring Records - the Dimaggio

question 37

Multiple Choice

Suppose one of baseball's most enduring records - the Dimaggio 56 game hit streak - were on the line. Tickets to the 57^th game might command three times the face-value price for tickets. Economists would suggest that a scalping market would appear and it

• A)would make all ticket holders and potential buys worse off.
• B)would make all ticket holders and potential buys better off (or at least no worse off).
• C)cause the price to fall below the face value.
• D)cause the price to fall back to the face value.