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Printers manufactured by companies such as Canon and HP require specially made

Printers manufactured by companies such as Canon and HP require specially made ink cartridges to be used inside the printer. Suppose you have bought a Canon Printer and the only inks that function with your printer are Canon Ink cartridges. In an effort to increase revenue, Canon has increased the price of their printer ink cartridges today. Select the item from the list provided to make the following statements true. - A lack of substitutes for printer ink in your Canon Printer could lead to 1. budget for Canon Ink Cartridges being inelastic. 2. 1 3. greater . If printer inks are a large percentage of your „, your demand for 4. 0.18 Canon ink would be more elastic. 5. necessary If you need to print out an assignment today (assuming you can only use your 6. increase Canon Printer), a short since the price change would lead to 7. luxury demand being more inelastic. 8. O 9. decrease 10.time 11. substitute 12. demand

Feb 01 2020 View more View Less

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