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Author Question: Concert promoters often set ticket pricesbelowwhat they expect the market-clearing price to be. They ... (Read 61 times)

Emmejo01

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on: Oct 12, 2022
Concert promoters often set ticket prices below what they expect the market-clearing price to be. They are effectively imposing a ________ and the result is often ________ at a considerably higher price.
◦ price ceiling; ticket scalping
◦ price floor; a shortage
◦ price floor; ticket scalping
◦ fair price; excess tickets
◦ price ceiling; a surplus
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Emmejo01 on Oct 12, 2022

Sophia0717

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Emmejo01

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

meow1234

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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