Examlex
Cypress Exports would like to establish retail outlets in Mongrovia, a quasi-democratic African country with a growing middle class. But the national and local officials all want "gratuities" to process the applications for permits. Cypress Exports should appeal to ________.
Inelastic Demand
A market condition in which the demand for a product does not change significantly when its price increases or decreases.
Necessity
A requirement or an indispensable item essential for survival or the functioning of a system.
Price of the Product
The financial cost of acquiring a good or service.
Buyer's Income
Buyer's Income is the total earnings or revenue available to consumers that influences their ability to purchase goods and services.
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