monday midterms;

Yes, my life has come to this.

Tina and Brian work for the same recording company. Tina claims that they would be better off by increasing the price of their CDs while Brian claims that they would be better off my decreasing the price. We can conclude that

a. Tina thinks the demand for CDs has price elasticity of zero, and Brian thinks the price elasticity equals one
b. Tina thinks the demand for CDs has price elasticity equal to one and Brian thinks the price elasticity equals zero
c. Tina thinks the demand for CDs is price elastic and Brian thinks it is price inelastic
d. Tina thinks the demand for CDs is price inelastic and Brian thinks it is price elastic
e. Tina and Brian should stick to singing and forget about economics :D

HAHA! :)