1.​If the Detroit Pistons raise their ticket prices and see ticket revenues fall (holding all else equal), is price elas

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1.​If the Detroit Pistons raise their ticket prices and see ticket revenues fall (holding all else equal), is price elas

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1.​If the Detroit Pistons raise their ticket prices and see ticket revenues fall (holding all else equal), is price elasticity of demand elastic or inelastic? Explain.
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