MCQOPTIONS
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| 1. |
Point elasticity of demand can be useful in which of the following cases |
| A. | A departmental store is thinking of increasing the price of gift packs |
| B. | A service station is considering to lower the service charges |
| C. | A health club is considering to lower the monthly membership fee |
| D. | An airlines company is considering to lower holiday packages |
| Answer» D. An airlines company is considering to lower holiday packages | |