This topic contains a solution. Click here to go to the answer

Author Question: Inelastic demand in business markets refers to a situation where A) demand for a given product ... (Read 147 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
Inelastic demand in business markets refers to a situation where
 A) demand for a given product fluctuates very little over time.
  B) price increases or decreases will not significantly change demand for a given product.
  C) demand for a given product fluctuates significantly over time.
  D) demand for one product depends heavily on the demand for another product.
  E) supply for a given product cannot keep pace with the demand for it.

Question 2

When a marketer makes an effort in promotion to point out the strengths and benefits of a specific brand, it is an attempt to build ____ demand.
 A) primary
  B) secondary
  C) selective
  D) economic
  E) competitive



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ecox1012

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

B

Answer to Question 2

C




KWilfred

  • Member
  • Posts: 570
Reply 2 on: Jun 29, 2018
Excellent


blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library