You are the curator of a museum. The museum isrunning short of funds, so you would like to increaserevenue. Should you increase or decrease the price ofadmission? Explain.

Economics Today and Tomorrow, Student Edition
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ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter11: Marketing And Distribution
Section: Chapter Questions
Problem 22AA
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You are the curator of a museum. The museum is
running short of funds, so you would like to increase
revenue. Should you increase or decrease the price of
admission? Explain.

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