Author Question: Which of the following would tend to make demand INELASTIC? a. the amount of time analyzed is quite ... (Read 30 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
Which of the following would tend to make demand INELASTIC?
 a. the amount of time analyzed is quite long
  b. there are lots of substitutes available
  c. the product is highly durable
  d. the proportion of the budget spent on the item is very small
  e. no one really wants the product at all

Question 2

Managers of profit centers earn more when their divisions
 a. increase their sales and decrease their costs
 b. decrease their sales and increase their costs
 c. increase the costs of the components for which they are responsible
  d. None



ryansturges

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

d

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

For a complete list of videos, visit our video library