Multiple Choice
Many businesses today are abandoning the traditional business attire and allowing their employees to come to work in business casual that typically does not include ties,cufflinks,or business suits.There has been a decrease in the sale of silk ties as a result of this cultural trend.A decrease in consumer demand for silk ties has led to a decrease in demand for silk because the demand for silk is .
A) fixed
B) elastic
C) inelastic
D) derived
E) micro- dependent
Correct Answer:
Verified
Correct Answer:
Verified
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