That averages out to 10 dollars per square foot. On a larger scale, a 15,000 sq ft fire damaged home in Culver City, California was demolished for a final cost of $75,000. This averages out to about 5 dollars per square foot.A few more examples are outlined below. 1  Dallas, TX-A 900 sq ft wood home was demolished for a final cost of $3,000, which is about $3.30 per square ft. 2  Bayview, SC-A 1-story, 1000 sq ft cottage with no foundation and vinyl siding was demolished for $6,500.his averages out to about 5 dollars per square foot. A few more examples are outlined below. 1  Dallas, TX-A 900 sq ft wood home was demolished for a final cost of $3,000, which is about $3.30 per square ft. 2  Bayview, SC-A 1-story, 1000 sq ft cottage with no foundation and vinyl siding was demolished for $6,500.
Price sensitivity of a product refers to the level of importance buyers place on price relative to other purchasing criteria. Customers looking for top quality or service, for instance, are usually less price sensitive than economical bargain hunters. The level of sensitivity for a given product is known in economics as elasticity of demand.
Cost/Price Sensitivity of Customers. Price sensitivity can be defined as the consciousness of the customers to cost windows or range within which they make dealings. All the customers are always cost sensitive and concentrate basically to buy products on cheap rates. However, cost sensitivity of a customer substantially depends on condition of the market.