A university's football games usually bring larger crowds than its stadium can seat. By which of the following means can the university reduce the size of the crowd and simultaneously earn more revenue to finance a new stadium? A. By raising ticket prices when demand for tickets is inelastic. B. By raising ticket prices when demand for tickets is elastic. C. By lowering ticket prices when demand for tickets is inelastic. D. By lowering ticket prices when demand for tickets is elastic.
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A university's football games usually bring larger crowds than its stadium can seat. By which of the...
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