Examlex
Knowledge of physiology can be especially helpful in
Consumer Demand
The desire and willingness of consumers to purchase goods and services at various price points.
Your Gut
Colloquial term referring to an individual's instinctive reaction or initial feelings about a decision or situation, often sans empirical evidence.
Inelastic Product
A product or service whose demand does not significantly change with variations in its price.
Substitutes
Products or services that can be used in place of another to satisfy consumer needs or desires.
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