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Reese Witherspoon Plans to Visit Her Hometown of New Orleans,Louisiana

Question 11

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Reese Witherspoon plans to visit her hometown of New Orleans,Louisiana.When her assistant checked the hotel reservation website,there were four published rates available,which are summarized in the following table.Use this table to answer the following questions:
Reese Witherspoon plans to visit her hometown of New Orleans,Louisiana.When her assistant checked the hotel reservation website,there were four published rates available,which are summarized in the following table.Use this table to answer the following questions:    -The hotel attempts to distinguish between groups of buyers in order to A)  attract buyers who wish to practice conspicuous consumption. B)  assign prices based on the differing price elasticities of demand. C)  control the rising costs of hotel ownership. D)  appear to offer choices to the consumer. E)  deter last-minute reservations.
-The hotel attempts to distinguish between groups of buyers in order to


A) attract buyers who wish to practice conspicuous consumption.
B) assign prices based on the differing price elasticities of demand.
C) control the rising costs of hotel ownership.
D) appear to offer choices to the consumer.
E) deter last-minute reservations.

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