Question: Besides offering low prices, how else could a firm make their product or service more inelastic? Multiple Choice All of the above. Offering loyal customers
Besides offering low prices, how else could a firm make their product or service more inelastic?
Multiple Choice
All of the above.
Offering loyal customers some type of reward like free air and hotel travel to Las Vegas.
Offering WOW customer service and studying new ways to generate repeat business.
Improving the quality of the product or service.
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