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Tom cruise is a seventeen year-old high school student who works as an assistant manager at the local movie theater. if an increase in the price of movie tickets results in an increase in total revenue at the theater, this is evidence that the demand for movie tickets is

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perfectly elastic. When the supply curve follows a horizontal path the demand is perfectly elastic. this is a term related to marketing. This is based on demand and supply. Demand may be elastic or inelastic. Here the revenue increases horizontally with increain in price of movie ticket, and hence the situation is perfectly elastic.

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