Multiple Choice
While the sales of the Apple iPhone have been great from the beginning,when Apple released its iPhone 3G and cut the price of the iPhone from $399 to $199,sales exploded with one million iPhones sold the first weekend.Demand for the iPhone appears to be:
A) unitary.
B) predictable.
C) synergistic.
D) inelastic.
E) elastic.
Correct Answer:
Verified
Correct Answer:
Verified
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