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Basic Question 2 of 7

If a business lacks pricing power, demand is usually highly:

A. price elastic
B. price inelastic
C. price neutral

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe key features of business models

CFA® 2025 Level I Curriculum, Volume 2, Module 7.