Examlex
Which of the following is most likely to be the cause of Carl's resistance to change?
Market Conditions
The various factors that influence the supply and demand of goods and services, including prices, competition, and overall economic climate.
Elastic Demand
A situation where the quantity demanded of a product or service changes significantly when its price changes.
Close Substitutes
Products or services that can easily replace each other in the eyes of consumers due to their similar features or functions.
Trade Barriers
are government-imposed restrictions on the exchange of goods and services across borders, including tariffs, quotas, and regulations.
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