A music group with growing popularity goes on tour and sells out a certain venue within hours with tickets at $25 apiece?

Which statement best describes what will most likely happen, from an economic standpoint?


The group will add more performance dates with tickets at a lower cost.


Nothing changes because the market is already clearing.


The price of tickets for future concert dates will rise until it hits equilibrium.


The group will cancel the concert and give everyone a refund.