A university enrolled 200 graduate students in the Fall of 2011. However, the enrollment rate was only slightly affected following a 12-percent hike in tuition the following fall. This illustrates ________ demand

A) derived
B) negative
C) highly elastic
D) composite
E) inelastic

E

Business

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A tenant has a five year lease. The tenant dies after three years. Is the lease binding on the tenant's heirs?

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