When setting prices for different groups of customers, a manager should charge higher prices for groups that have a lower demand. O have more income. have a more elastic demand. O have more inelastic demand. have lower marginal benefit.
When setting prices for different groups of customers, a manager should charge higher prices for groups that have a lower demand. O have more income. have a more elastic demand. O have more inelastic demand. have lower marginal benefit.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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
Transcribed Image Text:When setting prices for different groups of customers, a manager should charge higher prices for groups that
have a lower demand.
O have more income.
O have a more elastic demand.
O have more inelastic demand.
O have lower marginal benefit.
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