Describe inelastic demand and fluctuating demand, Marketing Management

Describe the inelastic demand and fluctuating demand in business market and the consumer market.

Inelastic Demand:

The demand for several business goods and services is inelastic, implies fluctuations into prices of product will not considerably affect the demand for product within business market. This demand means a change within price will cause an opposite change into demand within consumer market.

Fluctuating Demand:

The demand for several business good and services targets to be additionally volatile than the demand for consumer and goods services.

Posted Date: 8/7/2013 7:03:17 AM | Location : United States







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