Which of the Following Is Usually NOT True About Business

question 379

Multiple Choice

Which of the following is usually NOT true about business products?

• A) The demand curve for a particular industry is usually inelastic.
• B) Demand for consumer products is derived from business products.
• C) The demand curve for individual sellers may be extremely elastic.
• D) Each business product may be only a small part of the cost of a final product.
• E) None of these, i.e., all ARE true.

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Definitions:

Precisely Filled

Accurately and completely filled out or furnished with the necessary information.

Routine Request

A standard or regular appeal for information, services, or action within personal or professional contexts.

Generic Closing

A standard or common way to conclude a letter or message that is not specific to any particular situation.

Procedural Message

Communique that provides instructions or guidelines on how to perform tasks or processes.