All of the Following Are Strategies to Make the Demand

question 86

Multiple Choice

All of the following are strategies to make the demand for a good or service more inelastic EXCEPT:

• A) reducing consumer awareness.
• B) cultivating selected demand.
• C) changing the package design.
• D) creating a unique offering.
• E) heightening buyer dependence.

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Definitions:

Phenotype

The set of observable characteristics or traits of an organism, resulting from the interaction of its genotype with the environment.

Allele

A variant form of a gene that arises by mutation and is found at the same place on a chromosome.

Genotype

The genetic makeup of an organism, composed of both visibly expressed and non-expressed genes.

Gamete

An adult haploid germ cell from either male or female that can merge with one from the opposite gender during sexual reproduction to create a zygote.