The market segment is relatively inelastic

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Reference no: EM131835606

1) The market segment is relatively inelastic if a change in price results in an opposite change in revenue

True or false

2) Price is often used to shift the demand from low periods to peak periods and, thereby, promote efficiency.

true or false

3) Subsidization is using the profits of one program to reduce the price of another.

True or false

Reference no: EM131835606

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