A retailer has raised the price of children's gloves from $5 to $6 . It expects annual demand to decrease from 1,000 units to 700 units. Therefore, demand is inelastic

Indicate whether the statement is true or false


False

Business

You might also like to view...

The special journal to record a cash sale is the ____________________ journal

Fill in the blank(s) with correct word

Business

The ______ metaphor assumes that people create their social realities through communication interactions with others.

A. interaction B. transaction C. social construction D. transmission

Business

Which statement below lists the correct steps for binary fission?

A. 1. enlargement of cell volume, 2. attachment of chromosome to the plasma membrane, 3. DNA replication occurs, 4. cell elongates and chromosomes are pulled apart, 5. a new cell wall and plasma membrane divide the cell in half B. 1. attachment of chromosome to the plasma membrane, 2. enlargement of cell volume, 3. DNA replication occurs, 4. cell elongates and chromosomes are pulled apart, 5. a new cell wall and plasma membrane divide the cell in half C. 1. attachment of chromosome to the plasma membrane, 2. enlargement of cell volume, 3. DNA replication occurs, 4. a new cell wall and plasma membrane divide the cell in half, 5. cell elongates and chromosomes are pulled apart D. 1. a new cell wall and plasma membrane divide the cell in half, 2. attachment of chromosome to the plasma membrane, 3. enlargement of cell volume, 4. DNA replication occurs, 5. cell elongates and chromosomes are pulled apart

Business

Explain the difference between an assignment and a sublease.

What will be an ideal response?

Business