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BabaBlast [244]
3 years ago
6

Season tickets to the miami heat games are sold out at $30 a game and some people who wanted to get tickets couldn't buy them. a

s the season progresses, it is clear that the heat will make it to the playoffs. what is the effect on resale price of tickets to miami heat games, assuming resale is legal?
Business
1 answer:
mrs_skeptik [129]3 years ago
3 0
<span>In this closed economy for basketball tickets, we experience a limited, finite supply, and an increasing demand for the tickets as the playoff season approaches. As such, we expect the demand curve to move through reselling until settling at a new equilibrium consisting of a much higher price for the tickets than the original $30 figure.</span>
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Most farmers own wells and tube-wells in their farms for irrigation to increase their produce, what adverse effect can this have
Mrac [35]

Most farmers own wells and tube wells on their farms for irrigation to increase their production, which affects the water level. Thus, option B is correct.

<h3 /><h3>Who is a farmer?</h3>

A farmer is someone who does agribusiness and cultivates living things for food or natural goods like crops, cotton, etc.

The farmers would have wells and tube well on the farm because the irrigation to be much at a higher level with water reduces the water level of the ground to a significant amount which would in the future affect the soil plantation as well the soil binding capacities

There will be a large-scale depletion in the water that is present underground. Therefore, option B is the correct option.

Learn more about farmers, here:

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A decrease in agriculture output

B reduction of the water level

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5 0
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yes

Explanation:

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Suppose the demand for corn increases while at the same time the supply of corn also increases. As a result, the equilibrium pri
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Rise, fall, or remain unchanged and equilibrium quantity of corn will increase.

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In this case, the equilibrium price of corn might RISE, FALL, or NOT CHANGE while the equilibrium quantity of corn increases.

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umka2103 [35]

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The price of the stock today will be $66.19

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We will first calculate the price of the stock at t=8 using D9 because we use the next period's dividend to calculate the price of a stock. We will then discount back the price at t=8 to today's price.

P8 = 14.25 * (1+0.06)  /  (0.14 - 0.06)

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The price of the stock today will be,

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