If a firm offers a senior citizen discount
A) the firm expects the average senior citizen to have a lower price elasticity of demand.
B) the firm expects the average senior citizen to have a higher price elasticity of demand.
C) senior citizens may be offended.
D) it may be prosecuted for discrimination.
B
Economics
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The demand for loanable funds includes demand for
i. loans. ii. stocks. iii. bonds. A) ii and iii B) i and ii C) i, ii and iii D) iii only E) i only
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What happens to the equilibrium price when supply goes down?
A. the price stays the same B. the prices goes up C. the price goes up, and then goes down D. the price goes down
Economics