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Author Question: After massive promotion of Justin Bieber's latest music album, the producers reacted by raising ... (Read 90 times)

clmills979

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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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Answer to Question 1

d

Answer to Question 2

a




clmills979

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Reply 2 on: Jul 1, 2018
:D TYSM


jojobee318

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

 

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