« previous next »

Author Question: Tickets to the Michigan-Notre Dame football game are usually sold out in advance of game day. This ... (Read 415 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
Tickets to the Michigan-Notre Dame football game are usually sold out in advance of game day. This suggests that
 a. the price of the tickets must be very high or else people would not consider them valuable
  b. the price is set below the equilibrium level
  c. the football stadium is relatively small
  d. everyone who attends the game will enjoy it
  e. the price is determined primarily by the fixed supply of tickets

Question 2

A price floor set below the equilibrium price will result in a surplus.
 a. True
  b. False


okolip

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

A cheetah strangling an impala, Timbavati Game Reserve, South Africa A cheetah strangling an impala, Timbavati Game Reserve, South Africa
Evidence for big game hunting by archaic H. sapiens is suggested by the excavations at the Boxgrove Evidence for big game hunting by archaic H. sapiens is suggested by the excavations at the Boxgrove
Flying buttresses, Cathedral of Notre-Dame, Paris. Flying buttresses, Cathedral of Notre-Dame, Paris.
Sample Advance Directive Cont. Sample Advance Directive Cont.
A dice game involves throwing three dice and betting on one of the ... A dice game involves throwing three dice and betting on one of the ...
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ... Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
Video: Electrical changes in the heart

For a complete list of videos, visit our video library