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Suppose that a golf course raises its price 15% and finds that its total revenue from golfers rises 5%. Based on this information, we can

Suppose that a golf course raises its price 15% and finds that its total revenue from golfers rises 5%. Based on this information, we can conclude that the price elasticity of demand at the golf course is______ Group of answer choices Inelastic and the number of golfers increases by 10% Not enough information to reach a conclusion Elastic and the number of golfers increases by 10% Inelastic and the number of golfers decreases by 10%

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