2. You are the manager at a local movie theater, and decide to drop the price of movie tickets on Wednesday nights from $9 tn $5. You sell 200, which is T5 more than you did when the price was $9. a. Calculate the price elasticity of movie tickets. .81 b. Did your revenues increase? Your revenues decreased c. How might you expect this to impact your revenues for the week? This will probably decrease revenues for the week