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Figure 4-20 -The Presence of Scalpers (People Selling Tickets at a Price

Question 152

Multiple Choice

Figure 4-20
Figure 4-20    -The presence of scalpers (people selling tickets at a price above the quoted price, P*)  at a recent Super Bowl game suggests that the market for stadium seats could be represented by which graph in Figure 4-20? A) 1  B) 2  C) 3  D) 4
-The presence of scalpers (people selling tickets at a price above the quoted price, P*) at a recent Super Bowl game suggests that the market for stadium seats could be represented by which graph in Figure 4-20?


A) 1 
B) 2 
C) 3 
D) 4

Correct Answer:

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