You Are Part of a Local Community Theater Group

question 106

Multiple Choice

You are part of a local community theater group. It is the goal of the group to increase the amount of revenue earned through ticket sales. Mary says the obvious solution is to increase ticket prices. Is Mary correct?

• A) Mary is correct if the demand for tickets is price inelastic.
• B) Mary is incorrect if the demand for tickets is price inelastic.
• C) Mary is correct. The increase in ticket prices will always increase revenue.
• D) Mary is incorrect. The increase in ticket prices will never increase revenue.
• E) Mary is incorrect. The way to increase revenue is to decrease ticket prices.

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Definitions:

Remains

the preserved parts, pieces, or traces of animals or plants from the past.

Small Creatures

Typically refers to diminutive animals, particularly those of interest in ecological, biological, or environmental studies.

Angular Rocks

Rocks with sharp edges and points, often resulting from the breaking and fracturing of harder rocks without significant weathering or rounding.

Bedrock

The solid rock layer beneath surface soils or sediments, forming the earth's crust's foundation.