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Why do some stores offer senior citizen discounts on Tuesdays?

Senior citizens have perfectly inelastic demand curves, whereas other shoppers do not.

Most stores are perfect competitors in their geographic region.

Senior citizens have less elastic demand schedules than do other shoppers.

Senior citizens have more elastic demand schedules than do other shoppers.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9903147
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