A Customer Would Be More Price Sensitive When Buying Gum

question 49

Multiple Choice

A customer would be more price sensitive when buying gum than when buying

• A) gasoline.
• B) paper.
• C) bananas.
• D) a laptop.

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Definitions:

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the brainstem down the back, transmitting neural signals between the brain and the rest of the body.

Interneurons

A type of neuron that serves the role of communication between sensory neurons and motor neurons, mostly located within the central nervous system.

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for action by triggering the fight or flight response.

Neurotransmitter

Biochemical substances that facilitate communication between neurons in the nervous system by transmitting signals across synapses.