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A products price has increased by 25% but demand has not been affected. It can be concluded that this product has: Elastic demand Slightly inelastic

A products price has increased by 25% but demand has not been affected. It can be concluded that this product has:

		Elastic demand
		Slightly inelastic demand
		Unitary elasticity
		Inelastic demand

Say you buy a calculator to help you crunch numbers. The main reason you buy a calculator is to help with multiplying, adding, dividing, and subtracting to help you solve your problem. This knowledge best exemplifies which dimension of a "product?"

Core benefit

Augmented product

Hybrid service

Actual product

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