« previous next »

Author Question: Tickets to the Michigan-Notre Dame football game are usually sold out in advance of game day. This ... (Read 413 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?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

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?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Dame Daphne Sheldrick Dame Daphne Sheldrick
Apple's Game Console Apple's Game Console
Exekias (Potter And Painter) AJAX AND ACHILLES PLAYING A GAME Exekias (Potter And Painter) AJAX AND ACHILLES PLAYING A GAME
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 ...
"Game Development in Eight Bits" by Kevin Zurawel
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: Enzyme structure - Properties of enzymes

For a complete list of videos, visit our video library