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If demand is perfectly elastic,
Semantic Scaling Methods
Techniques used in surveys and research to measure the meaning that respondents attach to specific attributes or concepts, typically involving a range of scales.
Multidimensional Scaling
A statistical technique used in market research to analyze similarities or dissimilarities in preferences or perceptions among products or services.
Customer Value Map
A visual tool that helps businesses analyze and display the value that customers place on their product or service compared to its competitors.
Relative
A term used to describe something in comparison or in relation to another variable, often used in analysis or assessments.
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