Question: Q 1 2 ( 8 Points ) : In 2 0 2 1 , the de young museum in San Francisco charged the following admission
Q Points: In the de young museum in San Francisco charged the following admission prices:
Managers of the museum believe that the price elasticity of demand for tickets is lowest or
Using the admission fees as a guide, rank these groups based on their elasticities of demand from most of least elastic.
a Children to years old; seniors; college students; adults
b Adults; seniors; college students; children to years old
c Adults; college students; seniors; children to years old
d Children to years old; college students; seniors
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