Multiple Choice
Let's say that Amazon ultimately made a profit--not from the sale of the $20 cards-but from sales of books,CDs,and the like that cost well over $20 a unit.What kind of elasticity would that demonstrate?
A) inelastic demand
B) unitary demand
C) inelastic demand.
D) elastic demand.
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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