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Amtrak Charges Lower Fares to Students Than to Its Other

Question 87

Essay

Amtrak charges lower fares to students than to its other passengers.This pricing strategy increases Amtrak's profits.From this information, we can conclude that students must have a
________ for Amtrak train service than other passengers.
A.more price-elastic demand
B.lower demand
C.greater demand
D.less price-elastic demand

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