Price Inelastic Services Tend to Be

question 3

Multiple Choice

Price inelastic services tend to be

• A)discretionary services.
• B)necessities.
• C)Both A and B are correct.
• D)Neither A nor B are correct.
• E)There is not enough information to answer the question.

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Definitions:

Net Cash Flow

The variance between the amount of cash coming into a business and going out of it during a given time frame.

Precise Research Question

A well-defined and specific question that guides a research study, intended to facilitate focused and meaningful investigation.

Research Question

A precise, clear question that guides a study towards its objectives and findings.

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