In general, products that are consumed in fixed amounts have

A. constant demand.
B. elastic demand.
C. inelastic demand.
D. variable demand.


Answer: C

Business

You might also like to view...

Software as a Service (SaaS) is a Web-based model of software distribution where multiple users may simultaneously use the software

Indicate whether the statement is true or false

Business

________ is a measure of variation in Y that is explained by the independent variable X

A) eta2 (?2 ) B) SSx C) SSy D) SSwithin

Business

A premium is a promotional item that is given as an incentive for performing a particular act, typically buying a product.

Answer the following statement true (T) or false (F)

Business

Which of the following follows all the steps outlined in the process improvement plan in order to identify the improvements necessary to enhance the quality of a project?

A) quality process analysis B) quality inspections C) quality audit D) quality work review

Business