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 130 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
Thanks for the timely response, appreciate it


miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

For a complete list of videos, visit our video library