question archive Discussion Board Wildlife Sanctuary You are the curator of a butterfly sanctuary
Discussion Board Wildlife Sanctuary You are the curator of a butterfly sanctuary
Subject:EconomicsPrice: Bought3
Discussion Board
Wildlife Sanctuary
You are the curator of a butterfly sanctuary. The sanctuary is running low on funds, so you decide to increase revenue. What options do you have to consider? Should you raise or lower the price of admission? Explain your reasoning in terms of demand and elasticity.
