Many mothers wonder how much expressed breastmilk they need to have available if they are away from baby. In exclusively breastfed babies, milk intake increases quickly during the first few weeks of life, then stays about the same between one and six months (though it likely increases short term during growth spurts).
The steps involved in calculating the consumer price index and the inflation rate, in order are: Fix the basket, find the prices, compute the basket's cost, choose a base year and compute the index, and compute the inflation rate.
Price Sensitivity. Price sensitivity can be defined as the degree to which consumersâ behaviors are affected by the price of the product or service. Price sensitivity is also known as price elasticity of demand and this means the extent to which sale of a particular product or service is affected. Another way of explaining price sensitivity is, âthe consumer demand for a product is changed by the cost of the product.