Suppose a whiskey maker advertises its whiskey as follows: "Whiskey that tastes expensive and is expensive." The manufacturer is assuming some customers who buy whiskey
A) have a perfectly inelastic demand for whiskey.
B) have a relatively inelastic demand for whiskey.
C) want to impress their friends or associates.
D) will ignore the law of demand.
E) will purchase more at higher than at lower prices.
C
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