If sales volume for a product increases when the sales price is lowered, the product is said to be:

Name: If sales volume for a product increases when the sales price is lowered, the product is said to be:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Products that are price-sensitive experience changes in demand or sales volume in response to price changes. If lowering the price increases sales volume, it indicates that consumers are sensitive to price changes for that product.

If Sales Volume for a Product Increases When the Sales