Economists tend to see ticket scalping as
A)a way for a few to profit without producing anything of value.
B)an inequitable interference in the orderly process of ticket distribution.
C)a way of increasing the efficiency of ticket distribution.
D)an unproductive activity which should be made illegal everywhere.

Question

Quizplus · Accepted Answer

Economists generally view ticket scalping as a way of increasing the efficiency of ticket distribution. They argue that when the demand for tickets exceeds the supply, scalpers can help allocate tickets to those who are willing to pay the most for them, resulting in more efficient allocation of resources. Additionally, scalping provides an incentive for ticket sellers to price tickets correctly, preventing surpluses or shortages that can result from under- or over-pricing.

Economists Tend to See Ticket Scalping as