Boogie Fever is considering charging an $8 entry fee for its patrons to enter its bar in Ferndale, MI. The elasticity of demand at that price is 2.7. In order for Boogie Fever to increase the revenue it earns from its "cover charge," you recommend that Boogie Fever should: lower its cover charge raise its cover charge leave its cover charge alone shut its doors for good, as no one likes '80s music anymore except Professor Seiler

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