I think the answer is true, but I'm not really sure
<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 overpricing of basic medical care costs way more than the average minimum wage worker could afford in their whole life span. many people avoid going to get medical care because it is too expensive.
Im not sure if its me but its not letting me see the picture you uploaded !
Answer: 2 things are bound to happen
Explanation:
1. There will be parking space problem leading to fights, delays and traffic ,as people will want to park at convenient places so that they can easily access there cars after the match.
2. People will have a think over the match and watch at home leading to less attendance because people don't want to be stressed after the match as parking spaces will be difficult to manover.
Additionally, there will be parking space issues leading to misunderstanding as people might get frustrated after match leading misunderstanding while trying to access the spaces between cars. There are many thoughts to this, as many things are likely to occur,such as chaos
