A decline in the availability of bicycle handle bars will decrease Huffy Bicycle Company's production of bicycles. Decreased production in turn reduces Huffy's demand for bicycle seats. This is because the products in this situation have _____ demand.
A. inelastic
B. joint
C. elastic
D. congruent
E. derived
Answer: B
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What will be an ideal response?
If sales remain the same and the margin of safety increases, which of the following is true?
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Which sentence is correct?
A) The professor announced that there would be an unit test on Monday. B) It is a honor to speak to the members of the American Accounting Association today. C) Because of the torrential rains, I was glad that I had an umbrella.