To approximate a discrete distribution that has many different outcomes useful in most applied business and economic problems, we are, in fact, using the:

Believing that your group is at the "center" of all other groups is called

A) racism B) ethnocentrism C) discrimination D) prejudice

A small change in price of a product within the price indifference band causes a substantial change in the demand of that product

Indicate whether the statement is true or false