For Sports Marketers,an Inelastic Demand Curve Means They Have Greater

question 25

Multiple Choice

For sports marketers,an inelastic demand curve means they have greater flexibility in making pricing decisions.What can a sports marketer do to make demand for his or her product more inelastic?

• A) have a winning team that people want to see play
• B) sell the rights to buy a season pass
• C) eliminate all quantity discounts
• D) use discriminatory pricing
• E) any of these strategies will help render demand more inelastic

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Definitions:

Scribbling

A form of pre-writing activity where children make marks, lines, or shapes on a surface, typically for exploration or expression.

Myelination

The process of coating the axons of neurons with a fatty myelin sheath, improving the speed and efficiency of neural signal transmission.

Cortical Development

The process related to the growth and maturation of the cerebral cortex, a critical area of the brain involved in high-level functions like thought and language.

Thumb

The first digit of the human hand, located opposite the other four fingers, pivotal for gripping and manipulating objects, distinguishing humans from most other primates.