Satya Nadella is the Chief Executive Officer of Microsoft as well ...

[charchew]

Satya Nadella is the Chief Executive Officer of Microsoft as well as a member of Microsoft's board of directors. Nadella is therefore classified as an
 
  A) outside director. B) inside director.
  C) independent director. D) unbiased director.

Question 2

In general, a big ticket item such as a house or new car will
 
  A) tend to have a more inelastic demand the more time that passes.
  B) tend to have an inelastic demand because spending on the item takes up a large share of the average consumer's budget.
  C) tend to have an inelastic demand because it has many substitutes.
  D) tend to have a more elastic demand than a lower-priced good.

[zhanghao]

Answer to Question 1

B

Answer to Question 2

D