MKT461 (MKT461)
University Of South Carolina - All Campuses
Here are the best resources to pass MKT461 (MKT461). Find MKT461 (MKT461) study guides, notes, assignments, and much more.
All 1 results
Sort by

-
MKT 461/ MKT461 Exam 3 Practice Questions With Verified Answers
- Exam (elaborations) • 15 pages • 2024
-
dennys
-
- $9.69
- + learn more
MKT Exam 3
Price elasticity - ANS: a measure of the effect a price change has on consumer demand; percentage change in demand divided by percentage change in price.
Elastic vs. Inelastic - ANS: Elastic: describes demand that is very sensitive to a change in price
Inelastic: Describes demand that is not very sensitive to a change in price
MSRP - ANS: manufacturer's suggested retail price
Price discrimination - ANS: the business practice of selling the same good at different prices...
Exam (elaborations)
MKT 461/ MKT461 Exam 3 Practice Questions With Verified Answers
Last document update:
ago
MKT Exam 3 Price elasticity - ANS: a measure of the effect a price change has on consumer demand; percentage change in demand divided by percentage change in price. Elastic vs. Inelastic - ANS: Elastic: describes demand that is very sensitive to a change in price Inelastic: Describes demand that is not very sensitive to a change in price MSRP - ANS: manufacturer's suggested retail price Price discrimination - ANS: the business practice of selling the same good at different prices...
$9.69
Add to cart

And that's how you make extra money
Did you know that on average a seller on Stuvia earns $82 per month selling study resources? Hmm, hint, hint. Discover all about earning on Stuvia
Did you know that on average a seller on Stuvia earns $82 per month selling study resources? Hmm, hint, hint. Discover all about earning on Stuvia