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Suppose Golden Gate Ferry is considering an increase in ferry fares. If doing so results in an increase in revenues raised, which of the following

Suppose Golden Gate Ferry is considering an increase in ferry fares. If doing so results in an increase in revenues raised, which of the following could be the value of the own-price elasticity of demand for ferry rides?

Group of answer choices

-0.5

-1.5

-1

All of the given answers.

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