Question

(from the build-a-bear article) In a statement about the event, Build-A-Bear said, "Based on the information available to us before the day began, we could not have predicted this unprecedented reaction to our Pay Your Age Day event," calling the response to the sale "massive" and "overwhelming." According to this statement we can assume that:

A. Demand was more inelastic than Build-A-Bear predicted.
B. Profits for the store decreased
C. Profits for the store increased
D. Demand was more elastic than Build-A-Bear predicted.

Answer 1

According to the statement provided, we can infer that:

D. Demand was more elastic than Build-A-Bear predicted.

The statement mentions that Build-A-Bear could not have predicted the "unprecedented reaction" and describes the response to the sale as "massive" and "overwhelming." This suggests that the demand for the event exceeded their expectations, indicating that the demand was more elastic than they had anticipated.