question archive One year my season tickets cost $24 a ticket, and I got my renewal package and they had dropped the price to $14 [a ticket]
One year my season tickets cost $24 a ticket, and I got my renewal package and they had dropped the price to $14 [a ticket]
Subject:EconomicsPrice:2.89 Bought3
One year my season tickets cost $24 a ticket, and I got my renewal package and they had dropped the price to $14 [a ticket]..."
-A lifelong Dallas Mavericks fan in The New York Times
This action by Mavericks ownership will season ticket revenue if market demand is ___________.
a)Not change ; unit elastic
b)Decrease ; elastic
c) Increase ; inelastic
d) All of the other answer choices are correct
Option 1
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