Weegy: Inelastic is an economic term used to describe the situation in which the supply and demand for a good are unaffected when the price of that good or service changes.
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User: In the cash flow statement, cash is defined as:
Options
a.Quick assets
b.Literal cash on hand or on demand deposit, plus cash equivalents.
c.Literal cash on hand or on demand deposit, plus marketable securities.
d.All of the above
Weegy: In the cash flow statement, cash is defined as - - Literal cash on hand or on demand deposit, plus cash equivalents.
User:
Which of the following statements is true?
Options
a.Elasticity of demand is constant throughout the demand curve.
b.Elasticity of demand increases as one goes down the demand curve.
c.Elasticity of demand decreases as one goes down the demand curve.
d.The price and total revenue move in the same direction when demand is elastic
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