Multiple Choice
Online companies gather personal information about the customers who shop on their Web sites and some of those companies will use the data to estimate price elasticities of the customers.Doing this is a way that these companies might be able to charge a higher price for a product to those customers who have a ________ price elasticity of demand.
A) high
B) low
C) negative
D) unitary
Correct Answer:
Verified
Correct Answer:
Verified
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