Solved

Marcella Owns a Sandwich Shop

Question 69

Multiple Choice

Marcella owns a sandwich shop. She targets one group of potential customers by giving them a discount coupon and the other group no coupons. Which of the following would be a characteristic of the group that receives the discount coupon? They _____ than other potential customers.


A) have a higher reservation price
B) must be more price-sensitive
C) have a more inelastic demand
D) receive more marginal benefit from the product

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents