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Author Question: Lipitor, with few substitutes, should have an own-price elasticity of demand that is: a. Relative ... (Read 33 times)

BRWH

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on: Jul 1, 2018
Lipitor, with few substitutes, should have an own-price elasticity of demand that is:
 a. Relative elastic
  b. Relatively inelastic
  c. Perfectly inelastic
  d. Perfectly elastic

Question 2

Which of the following barometric indicators would be the most helpful for forecasting future sales for an industry?
 a. lagging economic indicators.
  b. leading economic indicators.
  c. coincident economic indicators.
  d. wishful thinking
  e. none of the above


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heinisk01

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


BRWH

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

phuda

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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