I) What do we mean when we say that a price is inelastic? 1 mark for correct explanation Z) The Telus store sells cases that t Samsung phones. Harvinder state: that the prices for these phone cases are examples of optional- product pricing and not examples of captive-product pricing. Harvinder is correct. Why? 1 mark for 1 valid reason 3) Greg's company is planning to introduce strawberry and raspberry breakfast jams into the Ontario market. Greg suggests that his company should use a market skimming pricing strategy but his co- worker correctly tells him this would be a poor decision. Why? 1 mark for l valid reason