4 ms·
If the tickets still sell out at the higher prices, than it is real scarcity, not artificial scarcity. Each show has a set number of seats... it isn't an artif
by cortesoft 5mo ago
If the tickets still sell out at the higher prices, than it is real scarcity, not artificial scarcity.
Each show has a set number of seats... it isn't an artificial monopoly, it is an intrinsic monopoly. People don't want to just go to A concert, they want to go to a SPECIFIC concert, and a concert venue only holds a set amount of people.
- pelotron 5mo agoThen they build new stadiums that are physically larger but have fewer seats.