Examlex

Solved

Demand Is Said to Be _____ When the Demand for a Product

question 12

Multiple Choice

Demand is said to be _____ when the demand for a product stays relatively the same and buyers are not sensitive to changes in its price.


Definitions:

Benefits

Sometimes known as fringe benefits.

Paid Time Off

A workplace policy where employees are provided with a certain amount of days for which they are paid while being allowed to take time off from work.

Medical Practice

The professional and ethical conduct, alongside the activities and services provided by doctors and health care professionals to maintain and restore health.

Relocating

The process of moving from one place to another, which can involve changing residence, business location, or the site of a specific activity.

Related Questions