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The Graph Below Shows the Market for Tickets to a "Final

Question 297

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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 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. 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.

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