The demand for gas in a country becomes price-inelastic. What will happen as a result?
A. Gas workers will be less likely to be successful in obtaining wage increases.
B. Gas workers will be more likely to be successful in obtaining wage increases.
C. Total expenditure on gas by consumers will fall when its price rises.
D. Total expenditure on gas by consumers will rise when its price falls.

Island novelties, inc., of palau makes two products—hawaiian fantasy and tahitian joy. each product's selling price, variable expense per unit and annual sales volume are as follows:

New team of management has taken over. as a result, organizational changes from a country-club style leadership where everyone does whatever they want has changed to a more mechanistic, structured, top-down management style. what ethical issues should the employees consider and how should they go about addressing these?

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration