Which of the Following Statements Is Correct

question 86

Multiple Choice

Which of the following statements is correct?

• A)The demand for medicine is more elastic than the demand for sailboats.
• B)The demand for iPads is more elastic than the demand for tablets in general.
• C)The demand for cell phones is more elastic over a short period of time than over a long period of time.
• D)All of the above are correct.

---

Definitions:

Direct Mail

A form of marketing that involves sending physical promotional materials directly to potential customers.

Integrated Marketing Communications

A strategic approach that combines various forms of marketing communications and channels - advertising, public relations, social media, etc., to provide a consistent message across all platforms.

Taco Bell

An American-based chain of fast food restaurants originating in Irvine, California, known for Mexican-inspired foods such as tacos, burritos, and nachos.

Brand Creative Director

A professional responsible for overseeing the visual and stylistic direction of a brand's marketing and advertising materials to ensure coherence with the brand identity.