The demand for Manchester United football tickets is price insensitive. This means that when the price is increased…?
Select ONE answer:
- revenue increases
- profit decreases
- demand increases
- costs increase
Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Economics KS4 and KS5 classes.
The answer is 1
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