scooter1369
HTTR Forever.
gbearbuck said:"Yes, but supply was reduced when student ticket rules started being enforced. If you take 5000 tickets off of the market to the general public, demand goes up. Therefore, so does price."
Scooter,
you're on the correct track... I think you are getting supply and demand confused. If tickets are removed from the general public, supply is reduced (demand does not change) and prices can increase.
However one can argue that supply is actually shifted to the large population, thus filling a portion of demand. If 5,000 student no longer have tickets, those tickets can be sold to those who want them. In effect supply didn't change (there's still 105k tickets with fanies in each seat), it shifted from the students (or who ever is using their tickets) to other fans who purchased the tickets from the university.
The ID rule has been around for a long time. IMO it's about time they start to check for ID's... If a student isn't going to use his/her ticket, let an alumni use it (paying a higher price to the school)...
Sort of. As it sits, the student tickets that are returned are being made available to alumni only first. Many of the students didn't return them, which is a good thing. But the ones that were returned are not yet available to the general public.
I'm not confused by supply and demand, I've been awake for 27 hours and I'm tired.
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