This is a term indicating stability in pricing terms:
A)Clustering
B)Conversion
C)Elasticity
D)Spending

Question

Quizplus · Accepted Answer

Elasticity refers to the extent to which the demand for a product or service changes in response to a change in its price. High price elasticity implies that demand is highly sensitive to price changes, while low price elasticity indicates that demand remains relatively stable even if prices fluctuate. Therefore, stability in pricing terms is indicated by low price elasticity, which means that prices can be maintained without a significant impact on demand.

This Is a Term Indicating Stability in Pricing Terms