With the increased usage of cell phone services, what has ...

[P68T]

With the increased usage of cell phone services, what has happened to the price elasticity of demand for land-line telephone services?
 
  A) The absolute value of the price elasticity coefficient has probably gone down.
  B) It has become more price inelastic.
  C) It has become more income elastic.
  D) It has become more price elastic.

Question 2

A corporation's board of directors
 
  A) are the sole owners of the corporation.
  B) hire the managers of the corporation.
  C) are personally liable for the debts of the corporation.
  D) control the day-to-day activities of the corporation.

[l.stuut]

Answer to Question 1

D

Answer to Question 2

B