As the price of a product gets closer to customer value,
A) price elasticity will decrease.
B) price elasticity will be unaffected.
C) price elasticity will increase.
D) product will become perfectly inelastic.
C
Business
A) price elasticity will decrease.
B) price elasticity will be unaffected.
C) price elasticity will increase.
D) product will become perfectly inelastic.
C