The United States is now and has always been a fruitful territory for genuine union-management cooperation

The more elastic a company's product (or service), the _________ the likelihood that an increase in price will add to its profit:

a) greater b) less c) irrelevant to

The market for detergent soaps is more likely to suffer from a decrease in profits due to higher

bargaining power of buyers than the market for mobile phones. Indicate whether the statement is true or false