A. elastic demand
B. inelastic demand
C. realistic demand
D. unrealistic demand
Related Mcqs:
- The demand which is not affected by price changes in short term is?
A. elastic demand
B. inelastic demand
C. realistic demand
D. unrealistic demand - If the demand of the product changes considerably with the small change in price then the demand is said to be __________?
A. interactive
B. augmented
C. elastic
D. inelastic - The demand which is not affected by price ranges is classified as________?
A. inelastic demand
B. elastic demand
C. inelastic price
D. elastic price - If the demand for the product does not change with the small change in price then the demand is said to be ________?
A. interactive
B. augmented
C. elastic
D. inelastic - The pricing strategy in which prices are set lower to actual price to trigger short term sales is classified as?
A. promotional pricing
B. short term pricing
C. quick pricing
D. cyclical pricing - In business markets, the demand of business goods is more volatile than demand for consumer goods, is classified as_________?
A. fluctuating demand
B. stable demand
C. unstable demand
D. freeze demand - In graph of market demand, the products resulting demand is written on __________?
A. market equilibrium point
B. Company’s equilibrium point
C. horizontal axis
D. vertical axis - To create fit between demand and supply, the non-peak demand, complementary services, differential pricing and reservations systems are the strategies of ___________?
A. demand side
B. supply side
C. complementary side
D. descriptive side - The tools of sales promotion that are used to trigger short term customer involvement or to build customer relationships are classified as?
A. inbound promotion
B. outbound promotion
C. organizational promotion
D. consumer promotions - The long-term social and economic changes on a highly large scale is classified as __________?
A. minor trends
B. mega trends
C. special followers
D. introductory products
