Consumers are less price sensitive when ________.
A) they buy high cost items
B) they frequently change their buying habits
C) there are more substitutes
D) there are more competitors
E) they do not readily notice higher prices

Question

Quizplus · Accepted Answer

Consumers are less price sensitive when they do not readily notice higher prices, as they are less likely to react to price changes.

Consumers Are Less Price Sensitive When ________