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a. less than9,000 copies.
b.9,000 copies.
c. more than9,000 copies.
d. It is impossible to predict the effect of a lower price on sales.
c.>>>>>>>>>>>>>>>>>> more than9,000 copies.
Answer option _____________________c
c. more than9,000 copies. is right,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
If a pulp fiction is covering100% of its target market or100% of its customers than the reduce in price will have no effect on the sale of the pulp fiction novel, and if they think that due to the price of $4.95 they are missing1 or more than1% of its target market market than definitely the reduce in price will increase its sales
Choice C is the correct answer.
Agree with Mr Alex Yazouri...................................
With the information given, the correct option is D (it is impossible to predict the effect of a lower price on sales), because it all depends of the elasticity of demand do price:
1. If elasticity is positive (greater than zero), option C is correct (more than9.000). This is what usually happens in the marketplace, but... ;
2. If elasticity is zero, option B is correct (9.000 copies);
3. If elasticity is negative (lower than zero), option A is correct (less than9.000)
So either option (A, B or C) could be the correct one, depending on the value of demand elasticity to price. As nothing is said about this, the correct option is then D
c. more than9,000 copies.
C --------------------------------