The recent news article covered disney's theme park price hike. The price hike actually led to better revenue for Disney. The exercise for this discussion would require you to explain how what you perceive about the consumers for Disney's park. Specifically, what can you say about the elasticity of the consumers so that the rise in revenue was possible. Limit your answers to 50 words.

https://www.foxbusiness.com/lifestyle/disneys-theme-park-price-hike-nets-more-profit-fewer-visitors-report?__s=70smnpuposix6t6mb0ik

Answer rating: 100% (QA)

The price hikes success suggests Disneys consumers have ine... View the full answer