Multiple Choice
When the price of NBA ticket is $25 each,30,000 tickets are sold every game.After the price rises to $30 each,20,000 tickets are sold every game.At the original price,the demand for NBA ticket is:
A) elastic.
B) inelastic.
C) unitary elastic.
D) perfectly elastic.
Correct Answer:
Verified
Correct Answer:
Verified
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