To assign numerical value to each questionnaire, a researcher decides to use a four-digit code. There are probably how many questionnaires in the data set?

A business begins with $1,000,000 from its owners. It places $100,000 into a bank account which it wishes to maintain as a cash reserve. It needs to purchase $1,000,000 of equipment and materials. How much does it need to borrow?

a) $1,000,000 b) $900,000 c) $100,000 d) $0

There is no true substitute for coffee. If the price goes from $8 to $12 for a package of k-cups due to a coffee bean shortage, demand will remain relatively unchanged. This is an example of demand elasticity

Indicate whether the statement is true or false