Table 5-1 -Refer to Table 5-1.Notice That Lowering the Price from $12

Multiple Choice

Table 5-1

-Refer to Table 5-1.Notice that lowering the price from $12 to $8 per ticket decreases revenue by $8000.In the $8 to $12 price range,what must the demand for baseball tickets be

A) price inelastic
B) price elastic
C) price unit elastic
D) income elastic