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How can a price ceiling on tickets lead to scalping

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How can a price ceiling on tickets lead to scalping? Is price an effective rationing mechanism under a binding price ceiling? Why or why not?

Reference no: EM132021224

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How can a price ceiling on tickets lead to scalping : How can a price ceiling on tickets lead to scalping? Is price an effective rationing mechanism under a binding price ceiling? Why or why not?
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