Which of the following is most likely to occur when price is inelastic?

A) A price decrease increases unit margin.
B) A price decrease increases gross profit.
C) A price increase reduces gross profit.
D) A price decrease hurts sales.
E) A price decrease reduces unit volume.

D

Business

You might also like to view...

What are the early and late start times for activities C, D, E, and F?

Carrie meticulously calculated the early and late start and finish times for her latest project and recorded them using different colors of sand on a pristine slab of white marble. She used red for late start and late finish times and green for early start and early finish times. Activity durations and their identifiers were written with black sand. She finished her task and had an opportunity to admire her work only briefly before a colleague came by and swept most of it away. Sadly, this was before Carrie could record the numbers on a more permanent medium, so now she turns to you to help. Activity Predecessor Duration Early Start Early Finish Late Start Late Finish A - 10 B - 7 11 C A 7 D A 15 14 E B 11 19 F B 10 G D,E 24 H F 24 J C 28 K G,H,J 36

Business

One governmental body that sets forth building regulations and safety standards is:

A) FDIC B) OSHA C) OSBA D) FDCPA

Business