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1.Suppose that a small market Major League Baseball team currently charges $15 for a ticket.At this price, they are able to sell 11,500 tickets to

1.Suppose that a small market Major League Baseball team currently charges $15 for a ticket.At this price, they are able to sell 11,500 tickets to each game.If they raise ticket prices to $20, they would sell 10,000 tickets to each game.What is the arc price elasticity estimated from this change?If the demand curve is linear, what is the algebraic

expression for demand?

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