Which of the Following Statements Is TRUE

question 25

Multiple Choice

Which of the following statements is TRUE?

• A) Customers who shop for airline tickets weeks or months in advance are likely vacation travelers and thus more sensitive to ticket prices.
• B) Customers who must purchase airline tickets for a flight tomorrow are likely business travelers and thus more sensitive to ticket prices.
• C) Customers who must purchase airline tickets for a flight tomorrow are likely business travelers and thus have more elastic demands.
• D) Customers who shop for airline tickets weeks or months in advance are likely business travelers and thus have inelastic demand.

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The understanding by consumers of their rights, product quality, and the environmental and ethical aspects of purchases.

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