Author Question: Like many services, the demand for medical care tends to be more ____ in that an increase in price ... (Read 163 times)

vicotolentino · **on:** Jun 28, 2018

Like many services, the demand for medical care tends to be more ____ in that an increase in price does not greatly affect demand.
A) inelastic
B) elastic
C) tangible
D) complementary
E) sensitive

Question 2

If an organization does not understand its customers, what should it consider doing?
A) Determine a competitive advantage.
B) Choose another target market.
C) Analyze the external environment.
D) Conduct primary research.
E) Conduct secondary research.