You recently raised your prices on the products you sell to your business customers. To your surprise, these customers did not change the amount of units they purchase from you. It was as if the price increase did not matter to these customers. Which of the following types of business demand most accurately describes this situation?
A. Constant demand
B. Inelastic demand
C. Joint demand
D. Elastic demand
E. Derived demand
Answer: B
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A) Evaluating the content and readability B) Proofreading to correct errors C) Post using the blogging system's tools D) Adding a newsfeed option E) Identifying the scope
Figure 4-4In Figure 4-4 above, B represents the ________ influences that can affect the consumer purchase decision process.
A. situational B. economic C. market dominated D. environmental E. marketing mix
The ______ is the manner or mode of presentation you select to communicate your speech.
Fill in the blank(s) with the appropriate word(s).
In what structural way do profit-sharing plans increase organizational loyalty?
a. Employees must have high performance evaluations to participate in profit sharing. b. Employees will stay on to seek management positions because only managers participate in profit sharing. c. Employees must stay with the company a certain amount of time to access the funds. d. Only employees who contribute the most in terms of work receive funds through profit sharing.