It is important to keep the questionnaire really short, probably just one good question or a checkbox list would suffice. Hand out the questionnaire once they buy or rent the cds/dvds at the counter. They shall answer it out while you process the receipt and give change. This should come around smoothly and won't be much of a hassle for the customer.
The answer is Deceptive
Explanation: when a retailer sets artificially high “regular” prices then announces “sale” prices close to its previous everyday prices.
Answer:
24%
Explanation:
Price elasticity denotes the percentage change in quantity demanded in response to certain percentage change in price. Elasticity of price is calculated as follows:
Elasticity of price = % change in quantity / % change in price
-2.42 = % change in quantity / 10%
% change in quantity = 2.42 * 10%
% change in quantity = 24.2%
Surplus. Is this a multiple choice?