Author Question: A rebate is the practice where manufacturers give cash discounts or reimbursements to consumers who ... (Read 220 times)

awywial · **on:** Jun 29, 2018

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