In B2B Transactions Demand Is Essentially _________

question 3

Multiple Choice

In B2B transactions demand is essentially _________. This means if suppliers raise their prices, most manufacturers will try to absorb the increases into their own cost structures to prevent letting their customers down in the short term, or because they are tied into fixed priced contracts.

• A) elastic
• B) mature
• C) inelastic
• D) stagnant

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Definitions:

Variables

Elements, features, or factors that are likely to vary or change among subjects in a study or model.

Analysis

The process of examining data or information in order to understand its components, identify relationships, and evaluate patterns.

Insignificant Variables

Variables in a statistical model that do not have a significant impact on the model's ability to predict or describe the outcome.

Variables

Any characteristic, number, or quantity that can be measured or quantified, which changes or varies across different situations or observations.