Solved

Which of the Following IS NOT a Situation That Can

Question 74

Multiple Choice

Which of the following IS NOT a situation that can cause customers to be less sensitive to price increases?


A) When customers have few product choices.
B) When products are highly differentiated.
C) When the product is a real or a perceived necessity.
D) When the total expenditure is high.
E) When the product is considered to be "worth it".

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions