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  • 15-03-2024
  • Business
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Suppose the price elasticity of demand for tickets to a sports event is 0.82. An increase in the price of the tickets to the sports event will:
a) decrease total expenditures and the d
b) increase total expenditures and the d
c) decrease total expenditures and the magnitude of the d
d) increase total expenditures and the magnitude of the d

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