The degree of price elasticity is based upon _____

a. urgency of need and availability of substitutes
b. shopping orientation and market size
c. size of economic shoppers and economic conditions
d. inflation and age of target market

a

Business

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If the market rate of interest is lower than the stated rate, bonds will sell at an amount:

a. equal to face value. b. not determinable from the given information. c. lower than face value. d. higher than face value.

Business

In Georgia, to be legally competent to enter into valid contract, the parties must be:

A. At lease 18 years old. B. At lease 18 years old and mentally competent. C. At least 21 years old. D. At least 21 years old and mentally competent.

Business