Why Do Some Stores Offer Senior Citizens Discounts on Tuesdays

question 118

Multiple Choice

Why do some stores offer senior citizens discounts on Tuesdays?

• A) Most stores are perfect competitors in their geographic region.
• B) Senior citizens have perfectly inelastic demand curves, whereas other shoppers do not.
• C) Senior citizens have more elastic demand schedules than do other shoppers.
• D) Senior citizens have less elastic demand schedules than do other shoppers.

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