<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: that they are very smart people with a good taste of style.
Explanation:
The answer is B. A tertiary source provides summarized, condensed information for quick reference. It is also a consolidation of the primary and secondary information. The information is also convenient. The examples of tertiary resources are encyclopedias, almanacs, chronologies and textbooks.
Explanation:
if I will be the teacher aur student of student of the newly Open University of then I will if I will be a teacher then I will try to encourage students and try to teach them at a good way that they understand and if I will be the student and I will introduce myself to my friends and friendly to each other and have the friends etc if I will be t-shirt I will try to give them motivate motivate and if I read hard work and try to listen what is it says to me etc
