A major critic of Americans very high consumer spending has been

The organizational structure where there are staff departments that support other departments

a. functional b. line and staff c. product d. matrix

If the price of a burger decreases by 5 percent and as a result the quantity of burgers demanded increases by 8 percent, the price elasticity of demand equals

A) 0.60. B) 0.40. C) 1.60. D) 0.625.