Solved

Tickets to the Michigan-Notre Dame Football Game Are Usually Sold

Question 169

Multiple Choice

Tickets to the Michigan-Notre Dame football game are usually sold out in advance of game day.This suggests that


A) the price of the tickets must be very high or else people would not consider them valuable
B) the price is set below the equilibrium level
C) the football stadium is relatively small
D) everyone who attends the game will enjoy it
E) the price is determined primarily by the fixed supply of tickets

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions