Economics · Market Demand and Consumer Behaviour
In the context of the book trade, how does 'price sensitivity' affect consumer behavior?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Readers prefer the most expensive books available
- 2Books priced too high may not reach a wide audience✓
- 3Price has no impact on book sales
- 4Consumers only buy books when they are free
Correct answer
Books priced too high may not reach a wide audience
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Market Demand and Consumer Behaviour MCQs →Want more practice questions on Market Demand and Consumer Behaviour?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Market Demand and Consumer Behaviour