Low buyer price sensitivity (Chinese Auto Industry)
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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 Chinese Auto Industry. … "Low buyer price sensitivity (Chinese Auto Industry)" is a difficult qualitative factor to defend, so competing institutions will have an easy time overcoming it. "Low buyer price sensitivity (Chinese Auto Industry)" is an easy qualitative factor to overcome, so the investment will not have to spend much time trying to overcome this issue. |
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Threat of Substitutes: Low buyer price sensitivity (Chinese Auto Industry)
When buyers are less sensitive to prices, prices can increase and buyers will still buy the product. Inelastic demand positively affects Chinese Auto Industry.
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