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Build-A-Bear stores had massive lineups of customers due to a sale Do you think consumers have elastic or inelastic demand for Build-A-Bear? What is another
Build-A-Bear stores had massive lineups of customers due to a sale 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?
Article link: https://www.cnn.com/2018/07/12/us/build-a-bear-lines/index.html?__s=szkkffabcezxfpdvxqju
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