With the Increased Usage of Cell Phone Services, What Has

question 168

Multiple Choice

With the increased usage of cell phone services, what has happened to the price elasticity of demand for land-line telephone services?

• A)It has become more price inelastic.
• B)It has become more price elastic.
• C)It has become more income elastic.
• D)The absolute value of the price elasticity coefficient has probably gone down.

---

Definitions:

Organizational Politics

Informal approaches to gaining power through means other than merit or luck.

Self-interest

Self-interest describes actions or decisions motivated by personal gain or benefit, often without regard for others.

Expense

Money spent or costs incurred in an organization’s efforts to generate revenue, representing the cost of doing business.

Self-leadership

The practice of intentionally influencing one’s own thinking, behavior, and actions towards achieving personal or professional goals.