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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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I believe the answer is: Savings

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2 years ago
Matt wants to attend a university in California and is waiting to hear back from schools where he has applied. He has filled out
Andreyy89

Answer:

Getting a work-study job

Working at an on-campus job

Explanation:

The first option that will meet Matt's needs is to get a work-study job. A work-study job is like a financial aid program available in the universities to help students out of their financial needs. Work-study job is a part-time job that will enable Matt to work while studying at the University in California. It allows Matt to engage in a part-time job for some hours a week during his free time, like 20 hours a week while he studies in school and earns some money to subsidize the cost of his studies since Matt wants to avoid paying debt once he is out of school.

A work-study job is the best option for Matt's finance position because it will provide financial assistance for the cost of his education.

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<h3>What is a diminishing returns?</h3>

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In conclusion, the additional output which is produced with an increasing input in the production is an example of <u>diminishing returns</u> to specialization.

Read more about diminishing returns

<em>brainly.com/question/14966527</em>

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