Question

Which of the following is important to understand because it is necessary to know whether changes...

Which of the following is important to understand because it is necessary to know whether changes in consumers' incomes or changes in the cost of a product will end in the desired outcome?

A.

Elasticity

B.

Demand

C.

Cost

D.

Supply

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Answer #1

Ans. B. Demand

Whether changes the sale will be decreased and stoked product sales will be decreased so customers demand will be decreased . Because the stock product fashion is down.

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