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Advocard [28]
4 years ago
12

The economic significance of successful ticket scalping (scalpers sell tickets at higher than official prices) at baseball games

is that:
Business
1 answer:
Vinvika [58]4 years ago
5 0
<span>Scalpers lead to the understanding that there is an overabundance of demand for tickets in comparison to the supply of tickets. With buyers willing to pay a premium for the scalped tickets, this can show that there is the ability for ticket prices to be raised and customers will still purchase them.</span>
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Your typical markup for merchandise is 36%. Your cost on an item is $11.00. Calculate the selling price.
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