The degree to which the price of a product affects consumers' purchasing patterns is known as:
A) economies of scale.
B) economies of scope.
C) price elasticity.
D) price sensitivity.
E) experience effects.

Question

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The Answer of The degree to which the price of a product affects consumers' purchasing patterns is known as:
A) economies of scale.
B) economies of scope.
C) price elasticity.
D) price sensitivity.
E) experience effects.

The Degree to Which the Price of a Product Affects