During the First Years of This Century,the Number of Packages

question 153

Multiple Choice

During the first years of this century,the number of packages arriving at households has more than doubled.An increase in the price of the cardboard boxes in which these packages are shipped will have little effect on the amount of shipping done;the demand for the boxes will continue to increase.What is the demand for the cardboard boxes?

• A)resistant
• B)inelastic
• C)derived
• D)elastic

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Definitions:

Concurrent Control

A method of management where monitoring processes and activities take place during the task to ensure alignment with goals and standards.

Work Process

The series of actions or steps taken in order to achieve a particular end in a professional environment.

Planning

The process of setting goals, defining strategies, and outlining tasks and schedules to achieve the desired results.

Means-Ends

An analysis or approach that focuses on identifying the means to achieve a desired end or goal.