Nike faces a more__________ demand for its products than a shoe ...

[Coya19@aol.com]

Nike faces a more__________ demand for its products than a shoe polish producer.
 a. inelastic
 b. elastic
 c. perfectly elastic
 d. perfectly inelastic

Question 2

A bid rotation scheme in a cartel is where
 a. The cartel members do not participate in auctions
 b. The cartel members never bid against each other
 c. The cartel members take turns winning the bids and do not bid against the member whose turn it is to win
  d. All of the above

[reversalruiz]

Answer to Question 1

a

Answer to Question 2

c

[Coya19@aol.com]

Thanks for the timely response, appreciate it

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