Buying response to a teeth whitening product is considered to be elastic. This would suggest dropping the price would result in:
A)increased sales of the product
B)decreased sales of the product
C)static sales of the product
D)delayed sales of the product
E)the purchase of related tooth care products

Question

Quizplus · Accepted Answer

Since the response to a teeth whitening product is elastic, it means that customers are sensitive to changes in price. Dropping the price would result in increased sales of the product since customers would be more likely to purchase it at a lower price.

Buying Response to a Teeth Whitening Product Is Considered to Be