Define price elasticity. Why is this an important concept for the marketer?
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Define price elasticity. Why is this an important concept for the marketer?
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Price elasticity is a measure of how responsive the demand for a product or service is to a change in its price In other words it evaluates the percen...View the full answer
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Gaurav Soni
Teaching was always an area where I can pursue my passion. I used to teach my friends and junior during my school and college life. After completing my professional qualification (chartered accountancy) and before joining my job, I also joined an organization for teaching and guidance to my juniors. I had also written some articles during my internship which later got published. apart from that, I have also given some presentations on certain amendments/complex issues in various forms.
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Related Book For
Essentials Of Marketing
ISBN: 9780273727644
3rd Edition
Authors: Frances Brassington, Dr. Pettitt, Stephen
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