If demand hardly changes with a small change in price, the demand is ________

A) variable
B) inelastic
C) highly elastic
D) derived
E) negative


B

Business

You might also like to view...

Clarke Shop purchased supplies at a cost of $18,000 during 2015 . At January 1, 2015, the beginning balance in the supplies account was $1,000 . For 2015, supplies expense was $16,000 . How much "Supplies" are on hand as of December 31, 2015?

a. $ 1,000 b. $ 3,000 c. $16,000 d. $17,000

Business

A type of research design involving the one-time collection of information from any given sample of population elements is called ________

A) cross-sectional design B) longitudinal design C) horizontal design D) vertical design E) conditional design

Business

In considering the decision to offshore, which of the following generally is not one of the hidden costs?

A. wage deflation B. increased inventory and coordination costs C. total wage costs and indirect costs D. reduction in intellectual property rights

Business

______ is the way you pronounce individual sounds.

Fill in the blank(s) with the appropriate word(s).

Business