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Taylor's managers had set the price of a ticket to an upcoming concert at $200 which corresponds to 45,000 seats Demanded Then for some reason

Taylor's managers had set the price of a ticket to an upcoming concert at $200 which corresponds to 45,000 seats Demanded

Then for some reason they changed the price to $220. If the Price Elasticity of Demand is 1.1 how many seats will Taylor sell?

Ceteris Paribus, explain whether or not the store's manager was right or wrong to change the Price.

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