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BMW considers raising price for its i-series product line. You are a business analyst, and your data suggests that BMW customers are not price elastic.
BMW considers raising price for its i-series product line. You are a business analyst, and your data suggests that BMW customers are not price elastic. Should you recommend BMW to raise price? Why? Group of answer choices Yes; although price increases, the demand of BMW customers will not decrease much. No; as price increases, the demand of BMW customers will be significantly decreased. Yes; as price increases, the demand of BMW customers will be significantly decreased. No; although price increases, the demand of BMW customers will not decrease much
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