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2. Suppose you are the rational manager of a nightclub whose revenues have been disappointing recently. At the weekly staff meeting, your bouncer suggests increasing

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2. Suppose you are the rational manager of a nightclub whose revenues have been disappointing recently. At the weekly staff meeting, your bouncer suggests increasing drink prices to increase revenues. Your bartender, however, counters and advises you to decrease drink prices to achieve the same goal. You will take the bartenders advice if you think the _ drinks is price A) supply of; elastic B) demand for; inelastic C) supply of; inelastic D) demand for; elastic

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