A football club raises all stadium seat prices by 5%. The stadium is divided into four zones. The demand for seats falls by 1% in zone W, by 3% in zone X, by 5% in zone Y and by 6% in zone Z.
In which zone is the responsiveness of demand for seats to the price change elastic?
1 )
zone W
2 )
zone X
3 )
zone Y
zone Z
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