If We Observe Long Lines of People Camping Out to Get

Multiple Choice

If we observe long lines of people camping out to get tickets to a concert, this tells us

A) the ticket price is below the market equilibrium price.
B) the ticket price is above the market equilibrium price.
C) it is likely to be a good concert, but it doesn't tell us anything about the ticket price.
D) the opportunity cost of time of the people in line is higher than the average for the general population.