Saturday, February 4, 2012

In-elastic Product

In-elastic product is the number of products sold was less affected by changes in selling prices. In other words, large price changes cause only small changes to the number of products that can be sold. For companies that their products include the products that in-elastic, relatively more stable position, because it is not easily shaken as a result of price changes. Thus this kind of company it is possible to formulate a long-term budget.

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