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Author Question: After massive promotion of Justin Bieber's latest music album, the producers reacted by raising ... (Read 75 times)

clmills979

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on: Jul 1, 2018
After massive promotion of Justin Bieber's latest music album, the producers reacted by raising prices for his albums. This implies that promotion expenditures made the album demand
 a. Elastic
  b. Unitary elastic
  c. Vertical
  d. Inelastic

Question 2

In the linear breakeven model, a firm incurs operating losses whenever output is less than the breakeven level.
 a. true b. false


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Brummell1998

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

a


clmills979

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

upturnedfurball

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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