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Online Companies Gather Personal Information About the Customers Who Shop

Question 210

Multiple Choice

Online companies gather personal information about the customers who shop on their websites,and some of those companies will use the data to estimate price elasticities of their 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

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