<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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The answer is "northerly".
A wind vane which is also known by other names like weather
vane, or weathercock is an tool for demonstrating the heading of the breeze. It
is normally utilized as a structural adornment to the top point of a building.
The wind vane was autonomously designed in antiquated China and Greece around a
similar time amid the second century BCE.
Answer:
Solution Demo
Explanation:
Solution Demo simply means a place where results of the development efforts that have been gathered from solution train, are analyzed and assessed, then shown to customers and stakeholders.
It helps to measure the success of value stream and portfolio investments and as well, helps to easily identify and elimimate threats and risk that may pose challenge or affects the value stream and portfolio investments.
It main purpose is to evaluate and get clear and concise feedback from the solution train, which will then be made available to the customers and stakeholders.
The more money you put in, the more money you will lose and the chances are risky therefore you either win big or lose big. Depending on your age, a low risk investment would be far more sensible
Here is the correct answer of the given question above. What seems to be Engels' general attitude toward the industrial revolution is unsatisfactory because he is not in favor of it. Even his feeling <span>about the living conditions he observes, he feels disgusted and still has sympathy. Hope this answer helps.</span>
