The Wall Street Journal magazine offers a significant discount to students who purchase a one-year subscription. If the reason for the discount is price discrimination, we can conclude that:
A) students have a more elastic demand for newspapers than does the general public.
B) students have a less elastic demand for newspapers than does the general public.
C) there is no difference between a student's elasticity of demand for newspapers and any other person's elasticity of demand.
D) students have a perfectly inelastic demand for newspapers.
Correct Answer:
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