Business, 22.06.2021 22:30 HarleyHailey

A minor league baseball team raised the average price of its tickets from $8 to $ and found that average attendance at its games dropped from 5,200 to . Using the arc elasticity of demand formula, the price elasticity of demand for tickets is nothing. (Express your answer as a real number rounded to two decimal places. Don't forget the negative sign.) The demand for tickets is therefore ▼ price elastic price inelastic unit elastic completely elastic completely inelastic .

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A minor league baseball team raised the average price of its tickets from $8 to $ and found that a...

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