What Is Elastic From Inelastic In Price Elasticity

Tuesday August 2, 2022

1) Discuss what is elastic from inelastic in price elasticity. Give a concrete examples for both.
2) Choose only four (4) commonly used pricing strategies in the market and discuss each by providing with a clear example. (200 words maximum)
3) Identify three (3) industry/business type and provide pricing strategy recommendations for their products/service business.
4)Discuss what is sustainable growth rate (SGR). Enumerate 4 ways of achieving an SGR.
5) Enumerate the ways to achieve sustainable growth for your business.

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