Multiple Choice
Suppose the elasticity of demand for tickets to Broadway shows is 2.0 for men and 0.3 for women.To use price discrimination to increase profits,the producers should charge higher prices to _____ because their demand is more _____.
A) men;elastic than that of women
B) men;inelastic than that of women
C) women;elastic than that of men
D) women;inelastic than that ofmen
Correct Answer:
Verified
Correct Answer:
Verified
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