How Do Companies Use Price Elasticity to Improve Their Business

Multiple Choice

How do companies use price elasticity to improve their business?

A) By separating customers into groups, companies can attract different groups with different prices.
B) Companies can force everyone to pay the same price regardless of demand.
C) Companies can ignore price elasticity, it cannot improve business.
D) Customers are all the same and price elasticity is the same for all of them.
E) None of the above.