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Business, 04.11.2021 18:00 dave9811

Economists estimate the short run elasticity of demand for Columbus Crew soccer tickets is -2.19. What degree of elasticity do tickets to the Crew game exhibit?

A 1% change in the price of Crew tickets would do what to the quantity demanded of clothing?

What would happen, if the Crew lowered the price of its tickets by 2%, to their sales (numeric answer)?

What happens to Crews’ total revenue if it were to lower their ticket price by 2%?

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Economists estimate the short run elasticity of demand for Columbus Crew soccer tickets is -2.19....
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