SophiaPretty

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About SophiaPretty

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    Strayer,Devery,Harvard University
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Category > Business & Finance Posted 05 Sep 2017 My Price 7.00

Selling tickets to graduation ceremonies

Selling tickets to graduation ceremon hasies long been a tradition among students at

institutions that limit the number of guests. Suppose your classmate, Heidi purchased two tickets

for $40 each. Is this transaction economically efficient?

A) No, people should never be allowed to sell items they received for free.

B) Yes, it was a voluntary exchange that benefited both parties.

C) No, Heidi paid too much for the tickets.

D) Yes, it is efficient only from the perspective of the seller and not from the perspective of the

buyer.

Answers

SophiaPretty
(5)
Status NEW Posted 05 Sep 2017 12:09 PM My Price 7.00

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