Examlex
What are the elements involved in the needs identification step of the sales process? Explain each step and why it is important.
Price-Inelastic
A characteristic of a product or service when consumers’ demand does not change significantly with a change in its price.
Agricultural Product
Any type of product, including food, fibers, fuels, and raw materials, that is derived from farming and ranching.
Price Elasticity of Demand
A determination of demand's sensitivity to pricing shifts of a product.
Agricultural Risk Coverage Program
A U.S. government program that provides financial assistance to agricultural producers when crop revenues or yields fall below guarantee levels.
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