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Bubba's Hula Shack Bar and Bistro has begun giving customers who can show proof that they arrived ...

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Bubba's Hula Shack Bar and Bistro has begun giving customers who can show proof that they arrived ...

Bubba's Hula Shack Bar and Bistro has begun giving customers who can show proof that they arrived at the establishment by public transportation a 10 percent discount on their total bill. All else equal, customers who arrive by public transportation to take advantage of Bubba's Hula Shack discount have a ________ for the services of the establishment than customers who drive to the establishment.

• higher price elasticity of demand

• lower price elasticity of demand

• higher price elasticity of supply

• lower price elasticity of supply

Textbook

Microeconomics

Edition: 7^th

Authors: Hubbard, O'Brien

Read 75 times

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