> > >

Selling Skills MCQs

The term ‘positive elasticity of demand’ relates to goods:

for which sales volume is highly-sensitive to marketing activities.

for which sales are strongly affected by price changes.

which attract a premium due to perceived environmental friendliness.

for which a higher price can increase demand.

Answer

Correct Answer: for which a higher price can increase demand.

Explanation:

Note: This Question is unanswered, help us to find answer for this one

Selling Skills Skill Assessment

Your Skill Level: Poor

Retake Quizzes to improve it