According to the Boston Consulting Group (BCG) matrix, when both market growth and relative market share of a product is high, it is known as a:

The price elasticity of demand is a units -free measure of the responsiveness of the ________ when all other influences on buying plans remain the same:

a) quantity demanded to a change in income b) quantity demanded to a change in the price of a substitute or complement c) quantity demanded of a good to a change in its price d) price to a change in quantity demanded e) none of the above

If an employer group plan is contributory, most states require that at least

A) 50% of the eligible employees participate B) 85% of the eligible employees participate C) 65% of the eligible employees participate D) 75% of the eligible employees participate