Multiple Choice
If demand hardly changes with a small change in price,we say the demand is .
A) inelastic
B) variable
C) at break- even pricing
D) value- based
E) market penetrating
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q46: Lawyers,accountants,and other professionals typically price by adding
Q47: Companies are fortunate to have demand that
Q48: Once a company cuts prices,it's difficulty to
Q49: Price is the only element in the
Q50: uses buyers' perceptions of what a product
Q52: Refer to the scenario below to answer
Q53: When there is price competition,many companies adopt
Q54: Pricing and price competition account for the
Q56: Price elasticity of demand is _ _
Q76: The more elastic the demand, the more