Dosta Mattress Company Manufactures and Sells Mattresses to Retailers That

question 74

Multiple Choice

Dosta Mattress Company manufactures and sells mattresses to retailers that then put their own store brand names on the product.At a price of $1,000,it sold 100 mattresses.It dropped its price to $600 and sold 175 mattresses.Regarding elasticity,what is demand for the mattresses?

• A) unitary
• B) inelastic
• C) asymmetrical
• D) elastic

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