I believe the answer is: in-elastic
A product is considered to be inelastic if the change in price do not or has very little impact of the product demand.
From the scenario above, we can see that even though the price drops, the percentage is still way below the amount of price icnreased (10% : 30%) , so we can consider the product to be inelastic.
b.
prices in 2012 are higher than prices in the base year
Good luck! Hope this helped
Answer:
Guidelines below
Explanation:
Well, since an Elevator pitch takes from 60 to 90 seconds. Enzo must be able to say:
1) What is the name of his company?
2) How long he's been on the market
3) Why He does that?
4) Why would somebody hire them? Highlights their best services
5) Kindly Invite for a meeting without strings attached.
Enzo, also, must write it down as an story, memorize it and be ready to say with all his heart.