Multiple Choice
If you sell an inferior good, offering to sell gift certificates to those looking for a gift may result in
A) a greater quantity sold than before the customer is given a gift certificate.
B) a greater quantity sold than if the customer resorts to giving a cash gift.
C) the same quantity sold than before the customer is given a gift certificate.
D) the same quantity sold as if the customer resorts to giving a cash gift.
Correct Answer:
Verified
Correct Answer:
Verified
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