If the percent change in price is greater than the percent change in quantity demanded, then demand is price inelastic

Which of the following statements is CORRECT?

A) When demand increases, both the price and the quantity increase. B) When demand decreases, the price rises and the quantity decreases. C) When supply increases, the quantity decreases and the price rises. D) When supply decreases, both the price and the quantity decrease.

Which of the following is true of the management function of directing/leading? Group of answer choices

a. All managers are involved in directing/leading, but it is most important for top- level managers. b. Directing/leading designs the map that lays the groundwork for the other managerial functions. c. Good directing/leading does not require the implementations of deadlines. d. Directing/leading involves determining and administering appropriate rewards and recognition e. Telling employees what to do and when to do it is against the principles of directing/leading.