Choose the Correct Word or Words in Parentheses

question 2

Short Answer

Choose the correct word or words in parentheses.
-The price I was quoted on a netbook and carrying case was (awfully good, very good).

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Definitions:

Inelastic

Describes a situation where the demand or supply for a good or service is relatively unresponsive to changes in price.

Price-elasticity Coefficient

A measure of how much the quantity demanded of a good responds to a change in the price of that good, calculated as the percentage change in quantity demanded divided by the percentage change in price.

Advertised

The process of promoting products, services, or brands through various media channels to increase public awareness or sales.

Loyal Buyers

Individuals or entities consistently preferring and purchasing a particular brand or product over competitors, often influenced by satisfaction, habit, or perceived value.