<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.
</span><span />
The appropriate response is Fundamentalism. It is portrayed as any religious drive that holds fast to its fundamental precepts. Fundamentalism, with the end goal of this article, is a development inside the congregation that holds to the basics of the Christian confidence. In present day times the word fundamentalist is regularly utilized as a part of a critical sense.
Answer:
At a first glance it seems easier to accept public administration as an art. It is just the administration of Government affairs and for most part it does not follow the laws of Science like absence of normative value, predictability of behavior and universal application.
D.
thats why their are so many views in each party yet they all are under one banner
Answer:
subfield of nastrobiology
Explanation:
