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Sublight2097 Sublight2097
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Posts: 4132
6 years ago
"30 people camp on the sidewalk in 10 degree weather for Phish reunion concert tickets, sold only at the door." In the economic way of thinking, the people camping out are
A) competing against other Phish fans for concert tickets.
B) taking what they believe is an efficient strategy for acquiring a scarce good.
C) planning to cooperate with the sellers of the concert tickets.
D) doing all the above.
Textbook 

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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6 years ago
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