List three types of products that have elastic pricing, and three types of products that have...

List three types of products that have elastic pricing, and three types of products that have inelastic pricing. Choose one of the inelastic products and think of a specific product and brand in that category. what do you think is the highest price the marketers could charge for that product, before demand would be adversely affected? Explain your thinking.

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Rahul Sunny answered 1 year ago

List three types of products that have elastic pricing, and three types of products that have...

List three types of products that have elastic pricing, and three types of products that have inelastic pricing. Choose one of the inelastic products and think of a specific product and brand in that category. what do you think is the highest price the marketers could charge for that product, before demand would be adversely affected? Explain your thinking.

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List three types of products that have elastic pricing, and three types of products that have...

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