pllowing:consist of retailers andwholesalers who purchase productsfor resale to others.If the demand for a product changesvery little even if its price changes,1. commercial marketthen this product is said to exhibit2. trade industriesBy applying.concepts togroups of business customers,3. market segmentationmarketers can develop a strategy thatbest suits the needs of particular4. inelastic demandcustomers.Theconsists ofIndividuals and firms that acquireproducts used to support theproduction of other products

Market is a place where parties gather to exchange goods and services. Parties involved are known as…

Answered: commercial market trade industries…

Business

Finance

commercial market trade industries market segmentation inelastic demand

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 21E

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Question

pllowing:
consist of retailers and
wholesalers who purchase products
for resale to others.
If the demand for a product changes
very little even if its price changes,
1. commercial market
then this product is said to exhibit
2. trade industries
By applying.
concepts to
groups of business customers,
3. market segmentation
marketers can develop a strategy that
best suits the needs of particular
4. inelastic demand
customers.
The
consists of
Individuals and firms that acquire
products used to support the
production of other products

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