Buyers Are Less Price Sensitive in All of the Following

question 120

Multiple Choice

Buyers are less price sensitive in all of the following situations EXCEPT _ .

• A)when the product is exclusive
• B)when the total expenditure for a product is high relative to their income
• C)when the product they are buying is unique
• D)when the product they are buying is high in quality
• E)when substitute products are hard to find

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Definitions:

Mineral Ions

Inorganic nutrients that play crucial roles in cellular processes and maintaining the body's acid-base balance and osmotic pressure, including ions like calcium, potassium, and magnesium.

Pericycle

Of a root, outer layer of the vascular cylinder; a thin layer of cells that retain the ability to divide and differentiate.

Vascular Tissue

The specialized tissue in plants that conducts water, nutrients, and energy throughout the plant body.