If the Business Marketer's Product Input Plays an Insignificant Role

question 74

True/False

If the business marketer's product input plays an insignificant role in the final product's total cost, demand is likely elastic.

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Definitions:

Inconvenience

A cause of trouble or difficulty that often results in discomfort or annoyance.

Apology

An expression of regret or sorrow for wrongs or offenses committed.

Justification

Providing valid reasons or evidence to support an action or decision.

Demanding Tone

A communication style that forcefully asks or directs others to fulfill certain requirements or tasks.