Low buyer price sensitivity (Cathy's Sari-Sari Store)
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When buyers are less sensitive to prices, prices can increase and buyers will still buy the product. Inelastic demand positively affects Cathy's Sari-Sari Store. … "Low buyer price sensitivity (Cathy's Sari-Sari Store)" will have a long-term positive impact on the this entity, which adds to its value. This statement will lead to an increase in profits for this entity. |
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Threat of Substitutes: Low buyer price sensitivity (Cathy's Sari-Sari Store)
When buyers are less sensitive to prices, prices can increase and buyers will still buy the product. Inelastic demand positively affects Cathy's Sari-Sari Store.
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