Because Services Cannot Be Stored, Much Greater Responsiveness to Demand

question 47

True/False

Because services cannot be stored, much greater responsiveness to demand fluctuation must exist, and therefore, much greater pricing flexibility must be maintained.

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Definitions:

Deflection Waves

Components of an electrocardiogram (ECG) tracing reflecting the electrical activity of the heart, including various waves (P wave, QRS complex, T wave) associated with specific phases of cardiac depolarization and repolarization.

ECG

Electrocardiogram, a test that records the heart’s electrical activity and can be used to diagnose various heart conditions.

QRS Complex

A series of deflections in an electrocardiogram representing the electrical activity associated with the ventricular contraction of the heart.

P Wave

The waveform on an electrocardiogram (ECG) that represents atrial depolarization, preceding the contraction of the atria.