Question

price senstivity is highest for which product​

Answer 1

Explanation:

customers seeking top-quality goods are typically less price-sensitive than bargain hunters; so, they're willing to pay more for a high-quality product. By contrast, people who are more sensitive to price may be willing to sacrifice quality.

Answer 2

Answer:

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Explanation:

Price sensitivity is very much determined by the product or service you're selling and the industry you're in: the price elasticity for milk is naturally higher than it is for consumer electronics.