Day 120: Supply and Demand

Manny Pacquiao

Manny Pacquiao

My friend is out in Vegas right now for the big fight. He’s a huge boxing fan and even though he’s not going to the fight itself, he is going to the weigh-in tomorrow. The weigh-in takes place at the MGM and tickets were $10 each. My buddy posted earlier today that scalpers were selling them for $400 each.

That’s $400 to watch two men be weighed. Of course, you could fork out a few thousand more to actually watch them fight, so $400 to be part of the circus is a bargain.

It’s the¬†perfect example of supply and demand. And sports-fueled insanity.