Question: In consumer markets with elastic demand ________ Select one: a. the total demand for products is affected by short-term price changes b. derived demand is

In consumer markets with elastic demand ________ Select one:

a. the total demand for products is affected by short-term price changes

b. derived demand is absent

c. a business purchase usually involves less decision participants

d. a business purchase usually does not involve a professional purchasing effort

e. buyers are highly sensitive to price changes

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