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Lostsunrise [7]
3 years ago
7

Which statement gives an example of a price-sensitive good?

Social Studies
1 answer:
Mariana [72]3 years ago
3 0

The correct answer is B "The price of chocolate has gone up and sales are down". Price sensitivity is the effect the price of a product causes in its demand towards consumers. It is also called price elasticity of demand. A simple example is when the price of a good goes up, its sales go down. It means the consumers are not willing to pay more for that product. This is the case of option B. The price of chocolate increased and made the sales decrease.

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2 years ago
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80 participants.

Explanation:

A researcher designs a 2 × 2 × 2 complex design in which the first independent variable uses a random groups design, the second independent variable uses a natural groups design, and the third independent variable uses a repeated measures design. The researcher wants to have 20 participants in each independent groups condition. How many participants will she need to recruit?  She will need to recruit eighty  participants

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4 years ago
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8 0
3 years ago
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d

Explanation:

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