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a) "Scalping World Cup Tickets, Not an Easy Task",
b) "The Economics of Scalping Super Bowl Tickets"
When listening, please pay careful attention to concepts like supply, demand, price, trade, willingness to pay, scalping, markets etc. as narrated in the podcasts and explained in your textbook. Please write a report based on the podcasts & the news article in the text and a critique as well (do you agree with Mankiw's view that "Consenting adults should be able to make economic trades when they think it is to their mutual advantage" or do you think that scalping is a consumer rip-off and hence scalpers should be charged and prosecuted).
Please restrict your report to facts in the podcast and the news item in the text (and the concepts outlined above) to ensure everyone is on even footing.
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