When certain consumer products are in high demand, producers might buy extra materials and equipment and when demand subsides, producers will cut back on their material purchases. This describes ____ demand.

A. joint
B. inelastic
C. consumer
D. fluctuating
E. elastic


Answer: D

Business

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Dayton, Ohio––based Iams found success selling premium pet food through regional veterinarians, breeders, and pet stores. This is an example of ________ differentiation

A) service B) employee C) image D) product E) channel

Business

Which statement is NOT true about the proteins in the plasma membrane?

A. Some peripheral proteins are connected to cytoskeletal filaments. B. Glycoproteins contain carbohydrate chains that are oriented toward the inner surface of the membrane. C. The hydrophobic portion of a protein is embedded within the membrane. D. Proteins may be attached to the inner surface of the plasma membrane. E. Integral proteins are responsible for membrane functions.

Business

When preparing a statement of cash flows using the indirect method, the amortization of trademarks should be reported as a(n)

a. increase in cash flows from investing activities. b. reduction in cash flows from investing activities. c. increase in cash flows from operating activities. d. reduction in cash flows from operating activities.

Business

The type of transaction that would be represented by a debit to one asset and a credit to another asset is an asset source transaction.

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

Business