If the price of elasticity of demand for football tickets, Business Economics

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If the price of elasticity of demand for football tickets

If the price of elasticity of demand for football tickets is estimated to be 2.8, then a 5 percent increase in football ticket prices would be expected to cause a:

(A) 38 percent decrease in quantity demanded

(B) 5 percent increase in quantity demanded

(D) 24 percent increase in quantity demanded

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Business Economics: If the price of elasticity of demand for football tickets

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