I personally think the answer is a
<span>Products that customers consider essentials or necessities tend to have less elasticity than products viewed as luxury or discretionary. If a customer believes he needs a certain product for survival, quality of life, or pleasure, he is more likely to stretch a bit to purchase the item if the price goes up. On the contrary, a product viewed as optional is a less likely purchase as the price increases because the customer believes he can live without it.Customer OptionsThe more options a customer has to meet a particular functional or emotional need, the more elastic a product's demand. This is why a company with a monopoly has a huge advantage. Customers don't have options and feel compelled to buy from the given provider. In highly competitive industries, price differentials are usually less among competing brands because of the ability customers have to select lower-priced alternatives. A closely related factor is the cost of switching brands. Cell phone customers often wait to change providers to avoid penalties if they are obligated to service contracts.
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Answer:
I believe it is the first one. How should people pay for goods and services
Answer:
merchants and crusaders had brought many goods to Europe from Africa
Explanation:
Motives for Exploration For early explorers, one of the main motives for exploration was the desire to find new trade routes to Asia. By the 1400s, merchants and crusaders had brought many goods to Europe from Africa, the Middle East, and Asia. Demand for these goods increased the desire for trade.
I believe the answer is environment.
