The Internet Is Likely To

question 4

Multiple Choice

The Internet is likely to:

• A) Decrease price elasticity of demand because transactions are numerous and quick
• B) Have no impact on price elasticity of demand because few people do business on the Internet
• C) Increase price elasticity of demand because of the availability of substitute products
• D) Decrease price elasticity of demand because of the availability of complementary products

---

Definitions:

Return

Return refers to the gain or loss on an investment over a specified period, including income received and capital gains or losses.

Acquisition Method

An accounting technique used to consolidate the financial statements of two companies after an acquisition.