How can the laws of supply and demand be used

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Reference no: EM131509283

Question: Examine the market for tickets for popular sporting events through the supply and demand model. Consider the following questions:

- How often are you able to buy a popular event ticket (for example, the Super Bowl) at face value?

- Consider the prices you would pay online or through ticket scalpers. How can the laws of supply and demand be used to explain this situation?

Reference no: EM131509283

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