Examlex
A synapse consists of:
Price Sensitive
Describes consumers or markets that are highly responsive to changes in the price of goods or services.
Underpricing
Charging someone less than they are willing to pay.
Introductory Stage
The first phase of the product life cycle, when a new product is launched to the market.
Price Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in its price, indicating its sensitivity to price changes.
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