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.
More competitive the industry.
I think the answer would be disabled and sick seamen. I'm not sure, but I Hope my answer will help.
Answer:
I know her, im just now talking to her
Answer: Utilitarian Approach.
Explanation:
Utilitarian Approach is a method of decision making where a decision is made whose outcome positively affects a greater number of individuals.
Caleb is trying to determine a Utilitarian approach that would have a positive outcome for a greater number of people.
