You Are in Charge of the Local City-Owned Aquatic Center

question 35

Multiple Choice

You are in charge of the local city-owned aquatic center. You need to increase the revenue generated by the aquatic center to meet expenses. The mayor advises you to increase the price of a day pass. The city manager recommends reducing the price of a day pass. You realize that

• A)the mayor thinks demand is elastic, and the city manager thinks demand is inelastic.
• B)both the mayor and the city manager think that demand is elastic.
• C)both the mayor and the city manager think that demand is inelastic.
• D)the mayor thinks demand is inelastic, and the city manager thinks demand is elastic.

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