<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:
C
Explanation:
Maslow's hierarchy of needs is a motivational theory in psychology comprising of hierarchical levels within a pyramid. It depicts human needs and tells us that human beings are expected to accomplish the level below each other before moving up the hierarchy.
AC brain system.
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Answer:
The answer is Translational
Explanation:
Translational equivalence is a relationship between two texts in two languages, rather than between the languages themselves, It is the similarity between a word (or expression) in one language and its translation in another.The researcher hires a bilingual Brazilian to translate the finding in English and another person to translate it back to the native language. This shows translational equivalence.
Answer:
60-miles wide
Explanation:
Sherman's "March to the Sea" was a military campaign that took place during the American Civil War from November 15 until December 21, 1864. This 270-mile march from Atlanta to Savannah left a path of destruction that was roughly about 60-miles wide. Caused by the 60,000 soldiers led by General William T. Sherman
