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Price Inelasticity

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price inelasticity
buyers' insensitivity to price, when the percentage change in quantity demanded is less than the percentage change in price, consumers are price-insensitive, see price elasticity
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See Price Inelasticity. Price Fixing agreement or collusion between competitors to maintain certain fixed price levels to avoid competition. See Horizontal Price Fixing; Vertical Price Fixing.

See also: Cycle, Attribute, Variable, Publics, Product offer

Marketing & Web Price inelasticPrice Leader

 
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