1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>
You might be interested in
If the number of demanders for electric cars increases at the same time as the number of suppliers of electric cars increases, w
Dmitriy789 [7]

Answer:

(A) The equilibrium quantity will increase.

Explanation:

An increase in demand and supply of electric cars would shift the demand and supply curves to the right.

Equilibrium quantity would increase.

Price would not change.

I hope my answer helps you

7 0
3 years ago
You have a significant amount of debt due to a medical issue. Your job is secured
Harrizon [31]

Answer:

yes

Explanation:

they are both professionals and either of their opinions/ suggestions would have been good, but if they both agree it's even better

5 0
3 years ago
How are old telephone logs, payroll records, minutes of practice management meetings, and canceled checks categorized?
Y_Kistochka [10]

They are categorized by confidential documents. Confidential documents is where documents are being classified or the data is access classified in which the data is sensitive or private and can’t be accessed easily because of the sensitive content that it contains.

8 0
3 years ago
Record the entry to close the income summary assuming the partners agree to use plan c and net income is $460,500
slava [35]

The entry is record in book as

Date Particular                L.F.     Dr. Amt.        Cr. Amt.

Income summary a/c             $460,500  

To Mo a/c                                          $69,300

To Lu a/c                                          $269,500

To Barb a/c                                          $431,200

What is net income?

The total amount of firm profit after deducting all taxes, costs, and interest is referred to as "net income."

Particulars                 Mo           Lu                 Barb

Capital invested        $69,300    $269,500  $431,200

Profit sharing ratio 20/100   40/100         40/100

Profit ($460,500)         92100    184200 184200

As a result,  Mo is  92100;  Lu is 184200; Barb is 184200 as profit.

Learn more about on net income, here:

brainly.com/question/15570931

#SPJ 1

4 0
1 year ago
A person who has not worked in six months and has given up looking for work is officially classified as unemployed. true false
just olya [345]
True they belong to the bracket of unemployed citizens and are dependent on the working force or are consuming their savings
8 0
3 years ago
Other questions:
  • One of the most important economic resources is money. <br> a. True <br> b. False
    10·1 answer
  • Which of the following is a severe and long-lasting economic downturn that is worse and deeper than a recession?
    10·1 answer
  • Fama’s Llamas has a WACC of 9.7 percent. The company’s cost of equity is 12 percent, and its pretax cost of debt is 7.5 percent.
    8·1 answer
  • A​ single-price monopoly​ _______. A. experiences economies of scale over the relative portion of the LRAC curve B. is a price t
    15·2 answers
  • At the beginning of the year, Vici Ventures had accounts receivable of $220,000. At the end of the year, the company had account
    14·1 answer
  • Please help???/
    15·1 answer
  • When early settlers needed to buy farming equipment and supplies, they often would use the milk, eggs, and crops their farms pro
    10·1 answer
  • Colliers, Inc., has 100,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the amount o
    13·1 answer
  • 2+5=32<br> 4 how is he 5 at the same time
    8·1 answer
  • Compare and contrast the three categories of project resource.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!