Many people rely on a prescription drug to control their cholesterol
An increase in the price of the drug would have little effect on the quantity demanded because there are no substitutes for the drug and because people who take it have no choice but to continue taking it if they wish to stay healthy. The demand for the cholesterol drug is ________.
A) elastic
B) inelastic
C) cross-elastic
D) supply-driven
E) asymmetrical
B
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Which of the following would be an appropriate use of digital medium?
A) When you want to make a formal impression B) When you are legally required to provide information in print C) When you want to stand out from the flood of electronic messages D) When you want to introduce yourself to a customer or client E) When you need a permanent, unchangeable or secure record
Which of the following is not one of the elements of ethics?
a. Doing the right thing b. Making the right choices c. Presenting the right ideas d. Raising the share price
The appealing party in an appeal is called a(n) ________
A) appellate B) appellee C) respondent D) petitioner
On January 1, 2017, a corporation acquired a truck for $600,000
The residual value was estimated to be $20,000. The truck can be driven for 50,000 miles over the next three years. The actual usage of the truck was 8,640 miles for the first year. Calculate the rate of depreciation to be applied and depreciation for the first year using the units-of-production method. (Do not round your intermediate calculations.) What will be an ideal response