Which of the Following Is Likely to Have Inelastic Demand

question 18

Multiple Choice

Which of the following is likely to have inelastic demand?

• A) Ambulance service
• B) Movie tickets
• C) LCD televisions
• D) Delivered pizza

Learn about the adoption and utility of wikis in collaborative corporate environments and their role in enhancing productivity.

Recognize the strategic use of blogs and podcasts in business for various purposes including marketing, crisis communication, and consumer feedback.

Comprehend how social media platforms and technologies like Twitter, wikis, and blogs facilitate organizational communication and knowledge sharing.

Identify the legal and security considerations involved with using instant messaging, text messaging, and social media in a professional context.

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Definitions:

Complimentary Close

The polite closing words in a letter or email, such as "Sincerely" or "Best regards," before the signature.

Message

A unit of communication conveyed between users, typically through a medium such as email, chat, or notifications.

Date Line

Indicates the moment when the date changes on Earth, generally located in the Pacific Ocean.

Business Letter

A formal document used for communication between companies, or between a company and its clients, suppliers, or other external entities.