Baseball DirtDirt is not dirt when it comes to baseball fields. About two-thirds of the pro baseball fields got their dirt from a dirt farm in New Jersey called Partac Peat. The company markets a secret mix for the infield (resilient), the warning track (extra crunchy), and the pitcher's mounds (firm). Mounds come in red, brown, orange, and gray colors. Roger Bossard, the White Sox head groundskeeper, scouted nationwide for dirt before settling on the mix provided by Partac Peat. (He uses sand under the grassy areas of the playing field.)Refer to Baseball Dirt. Some of the dirt sold by Partac Peat is used to make clay tennis court surfaces. As the number of people playing tennis increases so does the demand for new clay courts and, therefore, the demand for Partac Peat. This occurs
because the demand for Partac Peat is:
A. inelastic
B. intangible
C. heterogeneous
D. derived
E. elastic
Answer: D
You might also like to view...
In the CAPM, a stock has a beta coefficient of 0.1. The average returns to all stocks in the market is 10%. If the interest rate on three-month T-bills is at around 2 percent, what is the expected return to this stock? Assume that unsystematic risk is zero.
A. 2.5 percent B. 5.0 percent C. 7.5 percent D. 10.0 percent
An organization chart shows
A) the reporting structure in the organization. B) the number of people who should be supervised. C) how decisions are made at the departmental level. D) which products appeal to particular groups of customers. E) how the organization will interact with the external environment.
When the United States conducts a census that counts all people in the country, this is an example of using a sample
Indicate whether the statement is true or false
Crackers, cyberterrorists, hactivists, and script bunnies are all types of __________.
Fill in the blank(s) with the appropriate word(s).