Author Question: With the increased usage of cell phone services, what has happened to the price elasticity of demand ... (Read 61 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
With the increased usage of cell phone services, what has happened to the price elasticity of demand for land-line telephone services?
 
  A) The absolute value of the price elasticity coefficient has probably gone down.
  B) It has become more price inelastic.
  C) It has become more income elastic.
  D) It has become more price elastic.

Question 2

A corporation's board of directors
 
  A) are the sole owners of the corporation.
  B) hire the managers of the corporation.
  C) are personally liable for the debts of the corporation.
  D) control the day-to-day activities of the corporation.


l.stuut

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

For a complete list of videos, visit our video library