suppose the absolute values of the intercept and slope of the demand function are approximated to be 10 and 3 respectively. if the absolute values of the intercept and slope of the supply function are assessed to be 6 and 5 respectively. calculate equilibrium price and quantity .

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.