青云翻译

If a product has a low similarity and its alternatives, which means that this product is unique in the market and can attract consumers. So when the price changes, demand will not change a lot. The price elasticity is very low. If the product has high similarity alternatives, the price elasticity wi

If a product has lower similarity and its alternatives, which means that this is the only product on the market and is able to attract consumers. So when the price of the product, demand will not change a lot. Very low price elasticity. But if the product has a high similarity of substitutes, price

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If a product has lower similarity and its alternatives, which means that this is the only product on the market and is able to attract consumers. So when the price of the product, demand will not change a lot. Very low price elasticity. But if the product has a high similarity of substitutes, price