When a company maintains its price but removes or prices separately one or more elements that were part of the former offer, such as free delivery or installation, it is known as ________
A) escalating
B) differentiation
C) unbundling
D) reverse discounting
E) delayed quotation pricing
C
Business
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Collecting rents, fixing up the property, and showing vacant units are the types of responsibilities that would be assumed by:
A: A broker; B: A resident property manager; C: A salesman; D: An attorney at law.
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Many people rely on a prescription drug to control their cholesterol
An increase in the price of the drug would have little effect on the quantity demanded because there are no substitutes for the drug and because people who take it have no choice but to continue taking it if they wish to stay healthy. The demand for the cholesterol drug is ________. A) elastic B) inelastic C) cross-elastic D) supply-driven E) asymmetrical
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