There is no true substitute for coffee. If the price goes from $8 to $12 for a package of k-cups due to a coffee bean shortage, demand will remain relatively unchanged. This is an example of demand elasticity
Indicate whether the statement is true or false
FALSE
Business
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A process in which a neutral third party works with parties to a dispute to help them reach a satisfactory solution is called:
A. mediation B. arbitration C. facilitation D. legal action
Business
If property in held by two or more owners as joint tenants with rights of survivorship, the ownership interest of a decreased owner will be passed to the:
A. Heirs of the deceased owner. B. Surviving owner or owners. C. State under the law of escheat. D. Deceased owner's trust.
Business