« previous next »

Author Question: Which of the following is true of inelasticity of demand? a. The supply of the product is greater ... (Read 34 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 29, 2018
Which of the following is true of inelasticity of demand?
 a. The supply of the product is greater than its demand.
  b. Consumers are less sensitive to price increases.
  c. Customers have low brand loyalty.
  d. It leads firms to decrease profit margins.

Question 2

A good service blueprint should be developed to identify all of the following contact points EXCEPT contact points involving
 a. customers and frontstage service employees.
  b. service employees who produce the service.
  c. frontstage and backstage processes.
  d. customers and backstage service employees.
  e. A good service blueprint should be developed to identify all of these contact points.


Melissahxx

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 29, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Greater sage grouse Greater sage grouse
Importance of Considering Gestalt Principles in Product Design (1 of 2) Importance of Considering Gestalt Principles in Product Design (1 of 2)
Blood Supply of the Liver Blood Supply of the Liver
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
Anterosuperior view of true pelvis (blue) Anterosuperior view of true pelvis (blue)
GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering
Video: Phases of an Action Potential - Resting Potential, Threshold, Rising, Falling, & Recovery Phases

For a complete list of videos, visit our video library