Which of the Following Statements Is False

question 87

Multiple Choice

Which of the following statements is false?

• A)Ham has a higher price elasticity of demand than meat.
• B)Peaches have a higher price elasticity of demand than fruit.
• C)Soap has a higher price elasticity of demand than Ivory brand soap.
• D)Carrots have a higher price elasticity of demand than vegetables.

---

Definitions:

Delivery Gap

The discrepancy between a company's service quality specification and the actual service delivery, often leading to customer dissatisfaction.

Perishable

Describes goods that have a limited lifespan and can deteriorate quickly if not consumed or used within a certain period, such as food products.

Delivery Gap

The difference between a company's service quality performance compared to customer service expectations.

Zone Of Tolerance

The area between customers’ expectations regarding their desired service and the minimum level of acceptable service—that is, the difference between what the customer really wants and what he or she will accept before going elsewhere.