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Business, 07.10.2021 14:00 HottheadAnthony7234

A convenience store lowers the price of its coffee on Mondays and finds an increase in business on that slow day. After a month, they feel customers are accustomed to buying coffee there on Monday, and they increase the price by a nickel. Sales immediately decrease 10 percent. That seems to show that the demand for coffee is . inelastic inelastic elastic elastic unpredictable unpredictable market-driven

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