<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:
In 1837 and 1838, insurgents in Upper and Lower Canada led rebellions against the Crown and the political status quo. The revolt in Lower Canada was more serious and violent than the rebellion in Upper Canada
Explanation:
Urbanization
Urbanization refers to the phenomenon where individuals move to cities or towns for various reasons including:
a. More job opportunities
b. More facilities- health, shopping, entertainment, etc.
c. Better technology
Urbanization is increasingly commonly worldwide, in both developed and developing countries. While its benefits include more social growth, modernization and opportunities, urbanization can also lead problems such as: pollution, environmental issues, traffic and in some cases overpopulated cities.
Answer:
constituency or proportional representation maybe
Explanation:
try one of those
As she continues, you realize she is explaining the "trichromatic" theory of color vision.
There are two main theories that clarify and guide study on color vision: the trichromatic and the opponent-process theory. These two theories are integral and clarify forms that work at various levels of the visual framework. As per the trichromatic theory of color vision there are three receptors in the retina that are in charge of the impression of color. One receptor is touchy to the green, another to the blue and a third to the red.
