Next season they increase the price to 12 per bleacher seat


Suppose the Tampa Bay Rays charge $10 for a bleacher seat and sell 250,000 over the course of a season. Next season, they increase the price to $12 per bleacher seat and sell 200,000. What is the elasticity of demand for bleacher seats at Rays games?

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Basic Computer Science: Next season they increase the price to 12 per bleacher seat
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