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A lower east-side cinema charges $5.00 per ticket for students with valid student IDs and $15.00 per ticket for all other moviegoers. The firm has

A lower east-side cinema charges $5.00 per ticket for students with valid student IDs and $15.00 per ticket for all other moviegoers. The firm has estimated that the price elasticity of demand for tickets purchased by students is -3. The elasticity of demand for tickets purchased by all other moviegoers must be _____if the prices are optimal (i.e., the cinema has maximized its profits). (2 points)

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