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After a careful analysis of your MLB team's ticket purchase history, you, the president, are told that demand for your team's home regular tickets are

After a careful analysis of your MLB team's ticket purchase history, you, the president, are told that demand for your team's home regular tickets are relatively inelastic with respect to price. Which of the following is the most reasonable response to hearing that news? a. Increasing ticket prices, expecting this to increase total revenue from the stadium. b. Asking your staff for data on the elasticity of concessions and merchandise in the stadium. Then you will decide on ticket price changes. c. Decreasing ticket prices, expecting this to increase total revenue from the stadium. d. Don't change ticket prices, but increase prices on parking and concessions.\

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