Answer:
The correct answer is option B.
Explanation:
A price elasticity of demand is always negative for normal goods. It indicates that the price increase causes demand to fall.
The price elasticity less than 1 means demand is less elastic or inelastic. In other words, a change in price will lead to a smaller change in demand.
Similarly, a price elasticity greater than 1 means demand is highly elastic. So a change in price will lead to a greater change in demand.
Since, afternoon shows have less elastic or inelastic demand, the theatre should charge higher price for them.
While, the evening shows are highly elastic so the theatre should charge lower price.
In this way theatre can maximize total revenue.
A) Setting multiple budgets
<span>A repair of multiple stab wounds is considered emergent. Emergent surgeries are defined as having an increased chance of complications and may be life threatening. Emergent surgeries need to be performed immediately to stabilize a patient's condition as quickly as possible.</span>
Answer:
Dermoid Cyst
Explanation:
typically contains a diversity of tissues