How was the need for the product activated?
What will be an ideal response?
The founder of the brand, Kevin Plank, himself a college athlete, wanted to remedy the problem of sweat accumulation after sports activity by designing clothing that would not be weighed down by sweat. He also felt that this would not only be beneficial to him but also to professional athletes.
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If demand hardly changes with a small change in price, the demand is said to be ________
A) strained B) marginal C) inelastic D) flexible E) unit elastic
Interpreting a statement of cash flows requires an understanding of the economic characteristics of the industries in which a firm conducts its activities, including capital intensity, growth characteristics, and similar factors
Indicate whether the statement is true or false
During hearings that took place from 1957-1959, a congressional investigating committee found that certain union officials had done all of the following except:
A. Engaged in bribery. B. Taken personal loans from union funds. C. Used violence to achieve their ends. D. Negotiate excessive wages.
Which of the following is not commonly used as a numeraire?
A) Futures contract B) Money market account C) Risky asset D) Zero coupon bond