Explain how demographics and psychological factors affect price elasticity. Provide some examples it affects pricing for your current company's products/services. If this does not relate to your organization, provide an example for a product/service with specific examples.
Discussion Board (DB) Forum Threads and Replies are designed to assess higher-level, critical thinking skills, such as analysis, synthesis, and evaluation. The learning theories, upon which this class is based, are actualized in these threads.