A rebate is the practice where manufacturers give cash discounts ...

[awywial]

A rebate is the practice where manufacturers give cash discounts or reimbursements to consumers who submit proofs of purchase.
 a. True
  b. False
 Indicate whether the statement is true or false

Question 2

Elasticity is a measure of how responsive quantity demanded is to changes in marketing variables such as price and advertising.
 a. True
  b. False
 Indicate whether the statement is true or false

[juiceman1987]

Answer to Question 1

True

Answer to Question 2

True

[awywial]

Great answer, keep it coming

[mohan]

Thanks for the timely response, appreciate it