Low buyer price sensitivity (Kentucky Fried Chicken)
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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 Kentucky Fried Chicken. … This statement will lead to an increase in profits for this entity. |
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Threat of Substitutes: Low buyer price sensitivity (Kentucky Fried Chicken)
When buyers are less sensitive to prices, prices can increase and buyers will still buy the product. Inelastic demand positively affects Kentucky Fried Chicken.
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