Which statement is true?
A)Over time demand tends to become less elastic.
B)The demand for cigarettes is very elastic.
C)Advertisers try to make the demand for their products less elastic.
D)None of these statements are true.

Question

Quizplus · Accepted Answer

Advertisers aim to make demand less elastic by differentiating their products and creating brand loyalty, making consumers less sensitive to price changes.

Which Statement Is True