Recall the Application about choosing a price for drones based on a linear demand curve to answer the following question(s).
-Recall the Application. Suppose a firm that produces drones has a linear demand curve for its product, with a vertical intercept of $1,500. If the firm does NOT want the demand for its product to be price-inelastic, the minimum price it should charge is
A) $500.
B) $750.
C) $1,000.
D) $1,500.

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The Answer of Recall the Application about choosing a price for drones based on a linear demand curve to answer the following question(s).
-Recall the Application. Suppose a firm that produces drones has a linear demand curve for its product, with a vertical intercept of $1,500. If the firm does NOT want the demand for its product to be price-inelastic, the minimum price it should charge is
A) $500.
B) $750.
C) $1,000.
D) $1,500.

Recall the Application About Choosing a Price for Drones Based