When it comes to measuring consumers' price sensitivity, products are viewed as either
A. elastic or inelastic.
B. fixed or variable.
C. complementary or substitutable.
D. necessary or optional.
E. dynamic or rigid.
Answer: A. elastic or inelastic.
When it comes to measuring consumers' price sensitivity, products are viewed as either
A. elastic or inelastic.
B. fixed or variable.
C. complementary or substitutable.
D. necessary or optional.
E. dynamic or rigid.
Answer: A. elastic or inelastic.