Why do the prices offered to business customers differ from those offered to "individuals"? a. Business customers are better informed. b. Business customers pay different taxes on dropbox subscriptions. c. The price elasticity of business customers' demand differs from that of individual customers. d. More business customers use dropbox compared to residential customers, so the firm can hope for more profit from them.
Why do the prices offered to business customers differ from those offered to "individuals"? a. Business customers are better informed. b. Business customers pay different taxes on dropbox subscriptions. c. The price elasticity of business customers' demand differs from that of individual customers. d. More business customers use dropbox compared to residential customers, so the firm can hope for more profit from them.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Why do the prices offered to business customers differ from those offered to "individuals"?
a. Business customers are better informed.
b. Business customers pay different taxes on dropbox subscriptions.
c. The price elasticity of business customers' demand differs from that of individual customers.
d. More business customers use dropbox compared to residential customers, so the firm can hope for more profit from them.
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