BMW (Bayerische Motoren Werk) charges a considerably higher price for its automobiles in the North American market than it does in its home market of Europe. Assuming that the goal of BMW's pricing policy is profit maximization, which of the following would be a plausible explanation for BMW's pricing policy?
选项:
A:The price elasticity of demand in North America must be greater than 1, making demand for BMWs price elastic in North America; and between 0 and 1 in Europe, making demand for BMWs price inelastic.
B:The price elasticity of demand is greater than 1 in both North America and Europe, making BMWs price elastic; but must be higher in Europe.
C:The income elasticity of demand in North America must be between 0 and 1, making BMWs a normal good in North America; and between and less than 1 in Europe, making BMWs an inferior good.
D:The income elasticity of demand in North America must be greater than 1, making BMWs a luxury good in North America; and between 0 and 1 in Europe, making BMWs a normal good.
发布时间:2024-06-13 00:42:30