menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Marketing Management Study Set 2
  4. Exam
    Exam 14: Developing Pricing Strategies and Programs
  5. Question
    If Demand Hardly Changes with a Small Change in Price
Solved

If Demand Hardly Changes with a Small Change in Price

Question 51

Question 51

Multiple Choice

If demand hardly changes with a small change in price, we say that the demand is


A) profitable.
B) elastic.
C) marginal.
D) inelastic.
E) equal.

Correct Answer:

verifed

Verified

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

Related Questions

Q46: One factor leading to price increases is

Q47: When a consumer buys a $100 bottle

Q48: IKEA and WestJet Airlines are among the

Q49: Generally, consumers prefer _ price increases on

Q50: After determining its pricing objectives, what is

Q52: When the price of a gallon of

Q53: One of the traps of instituting a

Q55: Many consumers use price as an indicator

Q55: In _ the retailer charges higher prices

Q56: _ is the result of a concentrated

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines