If Demand _____ and the University of Michigan Increases the Price

question 113

Multiple Choice

If demand _____ and the University of Michigan increases the price of football tickets,revenues will increase.

• A)is price-inelastic
• B)is price-elastic
• C)has price elasticity equal to 1
• D)is perfectly price-elastic

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Definitions:

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GPS

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Fitness Tracker

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