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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
"Lady Gaga concert sells out. 60,000 tickets sold." What can an economist conclude from the above headline?
A) There is a surplus of tickets.
B) The market clears.
C) The quantity supplied is 60,000.
D) The quantity demanded is at least 60,000.
E) Both C and D above.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 294 times
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DropxDropx
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Posts: 1991
8 years ago
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Sublight2097 Author
wrote...
8 years ago
Another one in the books, marking it solved.
wrote...
8 years ago
Thanks for the feedback Slight Smile
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