Question: Let's assume, like we did in class, that you need to decide to increase or decrease the prices of your high school girls' soccer games

Let's assume, like we did in class, that you need to decide to increase or decrease the prices of your high school girls' soccer games to raise more revenue. You notice that the majority of people attending games are family members of the soccer players. We talked about how family members likely have more ______________ demand than studentsfor soccer games, which means you should ___________ the price of soccer games.

  1. inelastic;increase
  2. elastic;increase
  3. elastic; decrease
  4. elastic; increase

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