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Exhibit 5-6 Demand curve for concert tickets 40 Price per 30 ticket (dollars) 20 Demand curve 10 0 20 10 30 40 Quantity of tickets

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Exhibit 5-6 Demand curve for concert tickets 40 Price per 30 ticket (dollars) 20 Demand curve 10 0 20 10 30 40 Quantity of tickets per concert (thousands) In Exhibit 5-6, the demand curve for concert tickets shown above between the prices of $20 and $30 is inelastic elastic unitary elastic cross elastic

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