Author Question: Which of the following is true of inelasticity of demand? a. The supply of the product is greater ... (Read 61 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
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
Answer to Question 1

b

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

For a complete list of videos, visit our video library