Suppose the Cincinnati Reds increased the price of their tickets and notice that their revenues have not changed.  Then we...

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Suppose the Cincinnati Reds increased the price of their tickets and notice that their revenues have not changed.  Then we could infer that demand is----------.

a.       elastic

b.      inelastic

c.       unitary elastic

 

d.      semi-elastic

    • 12 years ago
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