While the Sales of the Apple IPhone Have Been Great

question 167

Multiple Choice

While the sales of the Apple iPhone have been great from the beginning,when Apple released its iPhone 3G and cut the price of the iPhone from $399 to $199,sales exploded with one million iPhones sold the first weekend.Demand for the iPhone appears to be:

• A)unitary.
• B)predictable.
• C)synergistic.
• D)inelastic.
• E)elastic.

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Definitions:

Making a Complaint

The act of expressing dissatisfaction or reporting a problem regarding a service, product, or experience, usually to seek resolution.

Greater Discount

A larger reduction in price offered on goods or services, typically used as a sales promotion strategy to encourage purchasing.

Losing a Client

The process or event where a business or individual loses a customer or client, typically resulting in a loss of revenue and/or relational capital.