Business, 24.03.2020 01:01 emfastback8868

Consumers are particularly price-responsive when:a. it is difficult to substitute across suppliers and prices are high. b. they have little time to change their consumption patterns and prices are low. c. there are many substitute goods available for a product, and they have a long time horizon to adjust their consumption. d. there are few substitute goods available for a product, and they have a short time horizon to adjust their consumption.

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