2) The town of Harmonia gives away all 500 tickets to its an…

Questions

2) The tоwn оf Hаrmоniа gives аway all 500 tickets to its annual Founder's Day Free Concert-in-the-Park to local residents. Each year, more than 500 people wish to attend the concert, so some of the residents who receive the free tickets sell them for as much as $75 each. Is a transaction where someone pays a resident $75 for a "free ticket" economically efficient?