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.

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Business

Hadassah Fuller

9 November, 14:35

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.

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Answers (1)

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Danika Mclaughlin · Answer 1

C. A way of increasing the efficiency of ticket distribution

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 agents instead of the venue that is providing the product.