Once a Plan Is Established, It Should Always Be

question 112

Multiple Choice

Once a plan is established, it should always be

• A)followed.
• B)long term.
• C)changed.
• D)flexible.

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Definitions:

Supply

The total amount of a specific good or service that is available to consumers in a given market at a given time.

Tax

A financial charge or other levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures.

Elastic

Describes a situation in economics where the demand or supply of a good or service significantly changes in response to a change in price.

Seller

An individual or entity that offers goods or services for sale.