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Author Question: The town of Harmonia gives away all 500 tickets to its annual Founder's Day Free Concert-in-the-Park ... (Read 31 times)

Hungry!

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on: Oct 5, 2019

The town of Harmonia gives away all 500 tickets to its annual Founder's Day Free Concert-in-the-Park to local residents. Each year, more than 500 people wish to attend the concert, so some of the residents who receive the free tickets sell them for as much as $75 each. Is a transaction where someone pays a resident $75 for a "free ticket" economically efficient?


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No, the buyer paid too much for the ticket.


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No, people should never be allowed to sell items they received for free.


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Yes, it was a voluntary exchange that benefited both parties.


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Yes, but it is efficient only from the perspective of the seller and not from the perspective of the buyer.

InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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Marked as best answer by Hungry! on Oct 5, 2019

janeli1

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Reply #1 on: Oct 5, 2019
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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Hungry!

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Reply #2 on: Oct 5, 2019
Excellent


janeli1

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Reply #3 on: Oct 5, 2019
Great! Please up vote :D


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