Asked by

Charles Simwanda
on Oct 12, 2024

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In general,the more unique an advertiser can make a product seem to the buyer

A) the more elastic the demand for the good.
B) the more inelastic the demand for the good.
C) the more sensitive the buyer is to the price of the good.
D) the less demand for the good.

Unique

Being the only one of its kind; unlike anything else.

Inelastic Demand

A situation where the demand for a good or service is relatively unaffected by changes in price, indicating that the quantity demanded changes very little with price fluctuations.

Advertiser

An individual or entity that promotes products, services, or ideas through various media to influence consumer behavior and drive sales or engagements.

  • Comprehend the function of advertising in influencing the elasticity of demand.
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JB
Jaelynn BanksOct 13, 2024
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