« previous next »

Author Question: Products that are higher priced, complicated to use, or require demonstration are heavily dependent ... (Read 33 times)

TVarnum

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
Products that are higher priced, complicated to use, or require demonstration are heavily dependent on personal selling in order to close the deal.
 
 Indicate whether the statement is true or false

Question 2

Inelastic demand simply means that
 A) buyers will not make a modified rebuy purchase.
  B) demand depends on how many items are purchased.
  C) a price increase or decrease will not significantly change the demand for an item.
  D) when price goes up, demand goes down.
  E) when supply is reduced, the price will increase.


mochi09

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

T

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Septa divide hyphae of higher fungi into compartments. Septa divide hyphae of higher fungi into compartments.
Demonstration Against the 'Sensation' Art Exhibition outside the Brooklyn Museum, New ... Demonstration Against the 'Sensation' Art Exhibition outside the Brooklyn Museum, New ...
Example of equipment used for a urine drug screen that a medical office may require before ... Example of equipment used for a urine drug screen that a medical office may require before ...
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Common Fluoride Products Common Fluoride Products
Sex Hormone Products Sex Hormone Products
Video: Optic Nerve and Optic Disk Animation (Part 1 of 2)

For a complete list of videos, visit our video library