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Author Question: The role of promotion is to communicate. Indicate whether the statement is true or ... (Read 54 times)

xroflmao

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on: Jun 29, 2018
The role of promotion is to communicate.
 
 Indicate whether the statement is true or false

Question 2

You recently raised your prices on the products you sell to your business customers. To your surprise, these customers did not change the amount of units they purchase from you. It was as if the price increase did not matter to these customers. Which of the following types of business demand most accurately describes this situation?
 A) Constant demand
  B) Inelastic demand
  C) Joint demand
  D) Elastic demand
  E) Derived demand


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blakeserpa

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Reply #1 on: Jun 29, 2018
Answer to Question 1

True

Answer to Question 2

B


xroflmao

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

yeungji

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Reply 3 on: Yesterday
Wow, this really help

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