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When looking to change the price of a product with a price sensitivity coefficient -2 (ignoring trade and other factors remain the same), an analyst

When looking to change the price of a product with a price sensitivity coefficient -2 (ignoring trade and other factors remain the same), an analyst would:

a) take as much price as possible.

b) adjust price to the price of next best alternative

c) take little to no price in order to avoid decreasing the quantity sold.

d) decrease as much price as possible

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