2. Alice says that she would buy one banana split a day

Last updated: 7/12/2022

2. Alice says that she would buy one banana split a day regardless of the price. If she is telling the truth, A. Alice's demand for banana splits is perfectly inelastic. B. Alice's price elasticity of demand for banana splits is 1. C. Alice's income elasticity of demand for banana splits is negative. D. None of the above answers are correct.