A Premier League football club estimates that whilst the price elasticity of demand for its first-team fixtures is (–) 0.3, for second-team games the corresponding elasticity is (–) 2.2. Provide an...

A Premier League football club estimates that whilst the price elasticity of demand for its first-team fixtures is (–) 0.3, for second-team games the corresponding elasticity is (–) 2.2. Provide an explanation for this difference in elasticities and advise the club how this might influence its pricing strategy