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 95 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
Great answer, keep it coming :)


coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

For a complete list of videos, visit our video library