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A movie theater operator thinks that the demand for PG movies is inelastic. He therefore raises the price of seats for the showing of a

A movie theater operator thinks that the demand for PG movies is inelastic. He therefore raises the price of seats for the showing of a current popular PG movie. His receipts remained the same as for the previous showing. This result showed that: Question 5Select one: a. the demand for PG rated film is inelastic. b. the operator was correct. c. PG rated films are boring. d. the demand for PG rated films is of unitary elasticity

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