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Moving to another question will save this response. estion 13 QUestion 13 of 15 3 points Save A Suppose you are working as a financial analyst for Southwest Airlines. Management is considering revising ticket prices for their new flights from Denver to Fresno. After looking at the data, you determine that, on average, the flight are about 80% full on each route. Moreover, you estimate that at current prices (based on a benchmark advanced purchase ticket), the price elasticity of demand for the flight is E = - 3/4. Based on this demand elasticity estimate, and assuming a similar demand for airfare int the foreseeable future, indicate how ticket prices should be changed for this Fresno route to increase ticket revenues. Specifically, should ticket prices be: raised, lowere or held constant. Provide a detailed economic justification for your answer. (Hint: you need to convince me as to why/how your recommendation will indeed raise tickq revenues on this route) For the toolbar, press ALT+FIO (PC) or ALT+FN+FIO (Mac). B I u -9 Paragraph v Arial 1 p Moving to another question will save this response, p Type here to search 1 opt O WORDS POWERED BY TINY QUestion 13 of