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Topic A Problem: Build-A-Bear stores had massive line ups of customers due to a sale (article link here). Do you
think consumers have elastic or inelastic demand for Build-A-Bear? What is another example of a good or
service with similar elasticity to Build-A-Bear? Would an economist likely advise Build-A-Bear to continue to
offer lower prices, similar to these sales? Or would they advise them to raise prices and not offer sales?
Sagot :
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