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Author Question: Price elasticity, or how buyers view price fluctuation, can have a significant impact in what area? (Read 63 times)

warrenjean01

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Question 1

Price elasticity is a measure of the sensitivity of ________ to changes in price.
◦ variable cost
◦ demand
◦ income
◦ yield
◦ total cost

Question 2

Price elasticity, or how buyers view price fluctuation, can have a significant impact in what area?
◦ Competition
◦ Marketing objectives
◦ Market demand
◦ Government regulations
◦ Cost structure


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Marked as best answer by warrenjean01 on May 9, 2022

ryanb

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warrenjean01

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Reply 2 on: May 9, 2022
Great answer, keep it coming :)


steff9894

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Reply 3 on: Yesterday
:D TYSM

 

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