Which of the Following Best Explains 'Price Elasticity

question 57

Multiple Choice

Which of the following best explains 'price elasticity'? 

• A) Discount is based on a special offer to temporarily stimulate sales. 
• B) Discount is based on orders placed out of season for delivery later in the year. 
• C) Discount is based on the how fast the customer pays their bills. 
• D) The extent to which price per unit changes with the volume that is purchased.

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Definitions:

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