The number of people willing to buy tickets to the Super Bowl is invariably greater than the number of tickets (and seats) available. This is evidence that the price of the tickets is

A) higher than the equilibrium price.
B) equal to the equilibrium price since the number of tickets bought equals the number sold.
C) lower than the equilibrium price.
D) higher than the equilibrium price when the demand is inelastic but lower when the demand is elastic.

Super Bowl

An annual championship game of the National Football League (NFL), which has become one of the most viewed sporting events in the United States, known for its halftime shows and commercials.

Equilibrium Price

The price at which the quantity of a product offered is equal to the quantity of the product demanded in the market.

Tickets

Documents or electronic codes that grant the holder the right to enter an event, travel on a vehicle, or participate in an activity.