If the demand for corn were very price-sensitive, a relatively small increase in price would reduce global demand by enough to offset the initial rise in demand.

如果玉米需求对价格变化非常敏感，那么很小的价格上涨就会引起全球需求下降足够的幅度，从而抵消当初的需求增长。

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For resales, resellers are sensitive to the cost, namely the price of reseller market, whose change will cause that of the demand.

中间商购买商品是为了再转售，对购货成本即中间商市场的价格变化较为敏感，其需求量随价格涨落的变化而变化。

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Substitutable goods, the greater the higher the degree of substitution, demand more sensitive to price changes;

可替代商品越多，替代程度越高，需求对价格的变动就越敏感；

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China is competitive, and this is largely because Chinese products are not price-sensitive, they are demand-sensitive.

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Much of this was the result of ongoing economic weakness in the developed world, although elevated local silver prices also led to lower demand in price-sensitive markets such as India, the report said.

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Pay cuts are more likely at firms whose demand for labour is price-sensitive, such as those in highly competitive industries.

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