Suppose you go to a retailer's website and print a coupon that gives you a discount on your next purchase at their store. But your friend, who also plans to purchase there, can't be bothered. You are revealing to the store that
A) you understand price discrimination and your friend does not.
B) you have a higher elasticity of demand than your friend.
C) you have a lower elasticity of demand than your friend.
D) elasticity of demand changes according to the size of the discount offered.
E) you have a lower income than your friend.
Correct Answer:
Verified
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