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When the local symphony recently raised its price for tickets to their summer concerts in the park, the symphony's total revenue actually decreased. What does this indicate about the elasticity of demand for symphony tickets?
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The shortened form of a word or phrase, used to simplify longer terms without losing their meaning.
Deci-
A metric prefix denoting a factor of one tenth.
Grain
Small, hard seeds of cereal plants like wheat and rice, consumed as food.
Abbreviation
A shortened form of a word or phrase, used typically to save space or for convenience.
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