Regardless of whether there is an increase or decrease of the price of a B2B product, customers buying the same quantity signifies an inelastic demand for that product.

Question

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If customers continue to buy the same quantity of a B2B product despite an increase or decrease in price, it indicates an inelastic demand for that product. This means that the demand for the product is not greatly affected by changes in price, suggesting that it is a necessity or has few substitutes. Inelastic demand is characterized by a small or negligible change in demand in response to a change in price.

Regardless of Whether There Is an Increase or Decrease of the Price