A local restaurant increases the prices on its burgers as soon as it begins a pr
ID: 1222625 • Letter: A
Question
A local restaurant increases the prices on its burgers as soon as it begins a promotional campaign. Which of the following is most likely to be true?
The promotional campaign featured how much better their burgers are
The promotional campaign focused on the value per dollar
The promotional campaign made demand more elastic
All of the above
a.The promotional campaign featured how much better their burgers are
b.The promotional campaign focused on the value per dollar
c.The promotional campaign made demand more elastic
d.All of the above
Explanation / Answer
A local restaurant increases the prices on its burgers as soon as it begins a promotional campaign. Which of the following is most likely to be true?
d. All if the above.
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