Question content area

Part $1$

In$2021,$ the de Young Museum in San Francisco charged the following admission$$ prices:

Demographic

$$Tuesdays$-$Fridays

$$Saturdays$,$ Sundays, and Holidays

Adults

$$$$26\mathrm{.}00$

$$$$29\mathrm{.}00$

Seniors$(65$ and$$ older$)$

$$$$23\mathrm{.}00$

$$$$26\mathrm{.}00$

Children between $6$ and $17$

$$$$16\mathrm{.}00$

$$$$19\mathrm{.}00$

College students

$$$$22\mathrm{.}00$

$$$$25\mathrm{.}00$

Managers of the museum believe that the price elasticity of demand for tickets is lowest on

$$

$$

Saturdays, Sundays, and holidays

Tuesdays$-$Fridays

$.$

Part $2$

Using the admission fees as a$$ guide, rank these groups based on their elasticities of demand from most to least elastic.

A$.$

$$adults; seniors; college$$ students; children $6$ to $17$ years old

B$.$

$$adults; college$$ students; seniors; children $6$ to $17$ years old

C$.$

children $6$ to $17$ years$$ old; seniors; college$$ students; adults

D$.$

children $6$ to $17$ years$$ old; college$$ students; seniors; adults