Sometimes Initial Demand for a Business Product Will Drop Following

question 44

True/False

Sometimes initial demand for a business product will drop following a price cut if buyers believe that further price reductions are forthcoming.

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Definitions:

KOH

Potassium Hydroxide, a strong alkali used in various chemical processes and as a cleaning agent.

NaBr

Sodium bromide, a salt with various uses including in medicines, as a sedative, and in photographic processing.

React

To undergo a chemical change or transformation in response to another substance or condition.

Sodium Chloride

The chemical name for table salt, a compound with the formula NaCl, widely used as a condiment and preservative.