Economists tend to see ticket scalping asA. an unproductive activity which should be made illegal everywhere.B. a way for a few

Question

3 years ago

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Economists tend to see ticket scalping asA. an unproductive activity which should be made illegal everywhere.B. a way for a few

to profit without producing anything of value.C. a way of increasing the efficiency of ticket distribution.D. an inequitable interference in the orderly process of ticket distribution.

Business

1 answer:

arlik [135] · Answer 1 · 2022-07-08T21:51:21+03:00

Answer:

<h2>C. A way of increasing the efficiency of ticket distribution </h2>

Explanation:

Ticket Scalpers are the ticket speculators who buy the tickets to a sport or performance event and resells them at higher prices. Lassiez-faire economists consider it to be a good thing. the correct value of the ticker is decided by the market but the Scalpers are flexible in pricing than the venue, they may also bear a loss while still guaranteeing the full value that venue gets. But the problem with the scalping is the at the value goes to the <u><em>agents</em></u> instead of the venue that is providing the product.