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Price Quantity Demanded $200 1000 $150 1400 $100 1800 Suppose that the Tennessee Titans' owner, Bud Adams, is considering a plan in which fans who donate blood get a $20 reduction in their ticket price. If both ticket REVENUES and blood donations (i.e., number of pints donated) rise with this plan, which of the following is true? A. The demand for Tennessee Titans' tickets is price elastic. B. The demand for Tennessee Titans' tickets is price inelastic. C. The demand for blood donations is price elastic. D. The demand for blood donations is price inelastic.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91994638

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