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peachcrow879Lv1
28 Nov 2020
Which determinants influence whether demand is elastic or inelastic
I) advertising associated with the change in price
II) necessities versus luxury goods
III) the existence of substitutes
IV) the products and services used by people in the consumers' peer groups
V) share of the budget spent on the good
VI) time and the adjustment process
Which determinants influence whether demand is elastic or inelastic
I) advertising associated with the change in price
II) necessities versus luxury goods
III) the existence of substitutes
IV) the products and services used by people in the consumers' peer groups
V) share of the budget spent on the good
VI) time and the adjustment process
Romarie Khazandra MarijuanLv10
6 Jan 2021