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.

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Definitions:

Verbal Promises

Commitments or assurances given orally, rather than in written form.

Direct Mode

A straightforward method of communication without any intermediaries or modifications.

Polychronic

Describes cultures or individuals that manage multiple tasks simultaneously, valuing flexibility and fluidity in time management.

Low Long-term Oriented

Characterizes cultures or individuals that prioritize immediate results and gratification over long-term achievements.