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You're putting words in my mouth. > Without the higher price tickets available from the scalpers, they would not have been able to go. Again, this is assuming
by fusiongyro 14y ago
You're putting words in my mouth.
> Without the higher price tickets available from the scalpers, they would not have been able to go.
Again, this is assuming that the amount of competition for the tickets is not affected by the scalpers. In reality, the scalpers are exactly the ones driving the scarcity.
- ionforce 14y agoThat's the whole point of scalping, to affect access to tickets. Has more money => has more access to scalped tickets vs normal tickets
- philwelch 14y agoScalpers can only make money if there are more people willing to buy tickets at the face value than there are tickets available. Here, go learn what a demand curve looks like and then think more carefully about this: http://www.khanacademy.org/finance-economics/microeconomics/v/law-of-demand http://www.khanacademy.org/finance-economics/microeconomics/...