If demand changes greatly with price, the demand is inelastic

Indicate whether the statement is true or false


FALSE

Business

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In calculating interest on a note, it is necessary to take which of the following factors into consideration?

a. the principal b. the maker c. the payee d. the bank

Business

Martha and John work in a factory. The factory pays each worker $5 per hour plus $.25 per

piece of work completed. John is always paid more money than Martha, because John can work faster than Martha can. This situation is: A) Legal, because of a defined merit system. B) Legal, because the pay is based on a difference in quantity or quality of work. C) Legal, because of a seniority system. D) Legal, because the pay is based on "some factor other than sex." E) Illegal, because of pay discrimination.

Business

If the learning curve for a process is 80 percent, that same process has a 20 percent ________

Fill in the blanks with correct word

Business

The major environmental issues for golf courses in the Algarve are:

a. consumption of water for irrigation b. consumption of phytopharmaceuticals and fertilizers c. energy consumption and waste production d. all of the above

Business