The University of Nebraska found that when it lowered the price of season tickets for football from $350.00 to $300.00, ticket sales increased from 43,000 to 47,000. This indicates that the demand is:
A) inelastic because total revenue increased when the price was lowered.
B) elastic because total revenue increased when the price was lowered.
C) inelastic because total revenue decreased when the price was lowered.
D) elastic because total revenue decreased when the price was lowered.

typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.

i hope this you! : )

answer makes less frequent trips to the bank and firms make less frequent price changes;

answerblank(1) negatively.blank(2); rises; blank(3) falls;