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MMLU / The market for Cincinnati Reds baseball tickets is currently in equilibrium.…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

The market for Cincinnati Reds baseball tickets is currently in equilibrium. Which of the following events would most likely increase the consumer surplus received by Reds fans?

choices

  1. The Reds offer discounted parking for all home games.
  2. The Reds increase hot dog prices to reflect a higher cost of buns.
  3. The city of Cincinnati is undertaking a huge highway construction project that strands fans in pregame traffic jams for hours.
  4. The Reds must increase ticket prices to afford the most talented players.

subject

high_school_microeconomics

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Source and history

Official source

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