When Jiffy-Pop packaged its popcorn in an aluminum skillet, ...

[Lisaclaire]

When Jiffy-Pop packaged its popcorn in an aluminum skillet, complete with attachable handle, it designed the package to become the cooking utensil. After cooking, the handle was removed and the package became the popcorn bowl. Jiffy-Pop's popcorn in this case is an example of _____ packaging.
 A) secondary-use
  B) multiple
  C) innovative
  D) category-consistent
  E) green

Question 2

Scenario 19.1
  Use the following to answer the questions.
 
 
 
  Concession Supply sells hotdogs, buns, and nacho ingredients to several major league ballparks across the country. Currently, Concession Supply has the following pricing information for one case of hotdogs sold at Wrigley Field: Total fixed costs = 1,200, Selling price = 16, and Variable costs = 6.
 
 
 
  Refer to Scenario 19.1. If Concession Supply increased its price by 10 and experienced only a 2 decrease in the demand for hotdogs, the demand would be
 A) inelastic.
  B) common.
  C) prestige.
  D) elastic.
  E) marginal.

[raili21]

Answer to Question 1

C

Answer to Question 2

A

[Lisaclaire]

Thanks for the timely response, appreciate it

[mjenn52]

Excellent