One in the News Article in the Text Titled "The

question 17

Multiple Choice

One In the News article in the text titled "The Real March Madness: Ticket Prices " described how professional scalpers use the Internet to sell hard-to-get tickets to concerts and sporting events.Apparently the initial price of the tickets being scalped was too

• A)Low for equilibrium,resulting in a surplus of tickets.
• B)Low for equilibrium,resulting in a shortage of tickets.
• C)High for equilibrium,resulting in a surplus of tickets.
• D)High for equilibrium,resulting in a shortage of tickets.