PH 42: 1 – Meaning if you lower the price, you can have more demand or if you increase the price, you can have less demand

2 – You can achieve this by implementing sales promotion or some advertising campaigns.

Question

1 – Meaning if you lower the price, you can have more demand or if you increase the price, you can have less demand

2 – You can achieve this by implementing sales promotion or some advertising campaigns.

LEIGHTON DWIGHT OBILLOS · Accepted Answer

1 Elasticity of Market demand

2 Expandibility of market demand

1 – Meaning if you lower the price, you can have more demand or if you increase the price, you can have less demand 2 – You can achieve this by implementing sales promotion or some advertising campaigns.