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Tag: demand

 Nov  01,  2022

Demand is always strong for unique qualities

“Susan, you were an Economics professor. What is elasticity of demand and how will it affect our revenue?” This HR consultant read deep into my LinkedIn profile to find this fun fact! It’s a great question with an easily understandable answer. Briefly, elasticity of demand is the concept that describes buying behavior relative to price … Continue reading Demand is always strong for unique qualities

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