Low buyer price sensitivity (Chevron Corporation)
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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 Chevron Corporation. … "Low buyer price sensitivity (Chevron Corporation)" has a significant impact, so an analyst should put more weight into it. This statements will have a short-term positive impact on this entity, which adds to its value. This qualitative factor will lead to a decrease in costs. "Low buyer price sensitivity (Chevron Corporation)" will have a long-term negative impact on this entity, which subtracts from the entity's value. |
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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 Chevron Corporation.
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