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Sublight2097 Sublight2097
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Posts: 4132
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9 years ago
Suppose all tickets to the World Series have already been sold. Will any further sales occur if the going price rises?
A) No, and therefore a higher price will have no effect.
B) No, but a smaller quantity will be demanded.
C) Not unless more tickets are printed.
D) Yes, as some ticket-holders sell to others.
E) Yes, but the further sales will reduce the price to the original level.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 1062 times
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DropxDropx
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#1
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9 years ago
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Sublight2097 Author
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#2
9 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
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#3
9 years ago
Another success story!

I'm proud Smiling Face with Glasses
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#4
4 years ago
THANKS
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