The Bay Area subway system, BART, offers senior citizens discounted fares for BART rides.This suggests that BART authorities believe that senior citizens have a ________ demand for subway rides.
A)more income elastic
B)less income elastic
C)more price elastic
D)less price elastic

Question

Quizplus · Accepted Answer

Senior citizens are likely to have a more price elastic demand for subway rides, meaning they are more sensitive to changes in price. Offering discounts can increase ridership among this group.

The Bay Area Subway System, BART, Offers Senior Citizens Discounted