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    Exam 9: Pricing: Understanding and Capturing Customer Value
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    When Demand Hardly Changes with a Small Change in the Price
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When Demand Hardly Changes with a Small Change in the Price

Question 98

Question 98

Multiple Choice

When demand hardly changes with a small change in the price of a product,then the demand for the product is best described as ________.


A) elastic
B) flexible
C) inelastic
D) variable
E) cyclical

Correct Answer:

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