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Suppose the price of a ticket to a lenny kravitz concert is $41 and at that price, the quantity of tickets demanded is 17,000 per concert. if mr. kravitz raises the price to $48 and the quantity demanded
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Suppose the price of a ticket to a lenny kravitz concert is $41 and at that price, the quantity of tickets demanded is 17,000 per concert. if mr. kravitz raises the price to $48 and the quantity demanded decreases to 16,000, the price elasticity of demand for his concert tickets is

User Dhia Djobbi
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Answer:

the cost is 60039 dollars

Step-by-step explanation:

User Voronnenok
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