Generally speaking, a firm can set its price higher when which of the following is true?

a. demand is more fixed
b. demand is more inelastic
c. demand is more elastic
d. demand is more variable

Ans: b. demand is more inelastic

Business

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One of the major sources of financing during the survival stage of a venture are:

a business angles b. family and friends c. business angles and family and friend d. employees E. none of the above

Business

Billy Joe has a high standing on the personal support dimension of organizational citizenship behavior. So when a coworker asks for assistance with a difficult problem, Billy Joe is likely to say, ________

A) "What can I do to help you?" B) "Grow up, and solve your own problems." C) "If I help you, what will you do in return?" D) "What do I look like? A tech-support rep?"

Business