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Demand is said to have unit elasticity if elasticity is
Product Warranty
A guarantee from the manufacturer or seller regarding the condition of a product and a commitment to repair or replace it if necessary within a specified period.
Product Line
A group of related products marketed under a single brand by a company, often catering to different customer needs or preferences.
Product Mix
The complete set of products and/or services offered by a company, including various product lines, categories, and items available for sale.
Line Extension
The use of the same brand name within the same product line and represents an increase in a product line’s depth.
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