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Last season, the Florida Panthers lowered ticket prices and revenues from ticket sales decreased.We can conclude from this information that the ____________. a)Demand for Panthers

Last season, the Florida Panthers lowered ticket prices and revenues from ticket sales decreased.We can conclude from this information that the ____________.

a)Demand for Panthers tickets is inelastic

b) Demand for Panthers tickets is elastic

c)Supply of Panthers tickets is elastic

d)Supply of Panthers tickets is perfectly elastic

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