Multiple Choice
You own two different energy drink brands with similar elasticities: "Blue Cow" and "600 minute energy." If you reduce the price on "Blue Cow",you can only increase your total sales if
A) Prices for "600 minute energy" are increased
B) Prices for "600 minute energy" are reduced
C) Prices for "600 minute energy" stay constant
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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