Assignment:
Using Excel, calculate the elasticity of demand for the Washington Nationals from 2008 to 2016. What is the elasticity coefficient?
Create a timeseries graph that plots the elasticity coefficient (left axis) with the % change in average home ticket prices (right coefficient). Print off that graph and attach to this assignment.
You'll need to look at my documents for the average attendance and average ticket prices as well.
Year (Tickets)

Average Ticket Price


2007

21.11


2008

25


2009

30.63


2010

30.63


2011

30.54


2012

30.54


2013

35.24


2014

35.24


2015

36.02


2016

36.59














Year (Attendance)

Average Home Attendance

2006

26580


2007

24217


2008

29005


2009

22715


2010

22568


2011

24877


2012

30010


2013

32745


2014

31844


2015

32343

