The Mesa Redbirds football team plays in a stadium with a seating capacity of 80000. However during the past season attendance averaged only 50000. The average ticket price was 30. If price elasticity?

To determine the price elasticity of demand for the Mesa Redbirds football team, we can analyze the relationship between ticket price and attendance. Given that the average ticket price is $30 and attendance averaged 50,000 out of a potential 80,000 capacity, there may be room to increase ticket prices without significantly affecting attendance. If demand is elastic, a price increase could lead to a proportionally larger decrease in attendance, while if inelastic, revenue could increase despite a drop in attendance. More specific data on how attendance would change with different price points would be needed for a precise calculation.