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researchers have found a strong correlation between customer satisfaction and willingness to tolerate a price increase (inelastic demand). question 2 options: true false

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Answer:False.

Step-by-step explanation:

Researchers have found a negative correlation between customer satisfaction and willingness to tolerate a price increase. In general, satisfied customers are more likely to be price-sensitive and less willing to accept price increases, resulting in elastic demand. Dissatisfied customers, on the other hand, may exhibit inelastic demand and be more tolerant of price increases due to a lack of perceived alternatives or switching costs.

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