Multiple Choice
The graph below shows the market for tickets to a "Final Four" sports event. Assume that there is only one kind of ticket to the event. The supply curve in this event-ticket market is vertical because
A) the organizers are selling a fixed number of tickets.
B) the organizers are charging a fixed price for the tickets.
C) there are a fixed number of buyers in the market.
D) the government has regulated the selling of the tickets.
Correct Answer:

Verified
Correct Answer:
Verified
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