An example is clothes. A younger teenager might want to show more skin and want all the cool new styles but older people generally just want to wear comfortable durable clothes. I hope that helps
Explanation:
Consumers buy products for their own use, while businesses buy goods to use in their continuing activities and resell to consumers. Customers appetite and the need for manufacturing supplies force organizations to buy products in greater quantities than people.
The answer is Target-driven<span>
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For the case of a consumer with an inelastic demand curve, it is less costly to cater for them, hence reducing the production fixed cost. given that different customers will be charged differently for the same product, it is easy to cover for a low profit range.
