The Demand Will Be ________ If the Consumer Has ________

question 92

Multiple Choice

The demand will be ________ if the consumer has ________ substitute goods to choose from

• A)elastic;less
• B)inelastic;more
• C)elastic;more
• D)elastic;no

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Definitions:

Direct Marketing

A form of advertising that allows businesses to communicate directly with potential customers through various mediums, including email, mail, and phone calls.

Matching Accessories

Items designed to complement and enhance the aesthetic or functional value of a primary product, often used to complete or enhance an outfit or gadget.

Marketing Strategy

The overall plan a business uses to reach potential consumers and turn them into customers of their product or service.

Social Media

Platforms and websites that enable users to create and share content or participate in social networking, such as Facebook, Twitter, and Instagram.