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If a Product or Service Is Not Responsive to Change,it

question 77

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If a product or service is not responsive to change,it is inelastic.


Definitions:

Printed Message

A message that has been transferred from a digital medium to a physical medium, such as paper, through a printing process.

Social Media

Digital platforms and technologies that enable individuals to create, share, or exchange information, ideas, and pictures/videos in virtual communities and networks.

Nonverbal Signals

Forms of communication without words, such as gestures, facial expressions, and body language, which can convey emotions and attitudes.

In-Person Conversations

Direct interactions between individuals in the same physical space, often considered more personal and engaging than other forms of communication.

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