Question

Which of the following statements about ticket scalping is correct? Multiple Choice
A. Scalping tends to be prevalent when there is a surplus of tickets.
B. Scalping tends to be prevalent when there is a shortage of tickets.
C .Scalping benefits only one party—the sellers—but not the buyers.
D. Scalping benefits only one party—the buyers—but not the sellers.

Answer 1

Answer:

B. Scalping tends to be prevalent when there is a shortage of tickets.

Explanation:

Ticket scalping -

It is the method of buying the tickets of any event or show and then selling them at a much higher price to another person , is known as the process of ticket scalping .

It is an illegitimate practice .

Hence , during the shortage of ticket , the process of ticket scalping is increased .

Hence , the correct statement regarding Ticket scalping , is ( B. ) .