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 160 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
Wow, this really help


JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

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?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

For a complete list of videos, visit our video library