Match Each Item with the Correct Statement Below

Multiple Choice

Match each item with the correct statement below.
-_____ is the measure of the responsiveness of purchasers and suppliers to price changes.

A) breakeven analysis
B) tariffs
C) unfair-trade laws
D) incremental-cost pricing
E) profit maximization
F) demand
G) value pricing
H) monopoly
I) elasticity
J) marginal
K) fair-trade laws
L) yield management
M) oligopoly
N) cost-plus pricing
O) full-cost pricing
P) supply
Q) marginal analysis
R) target-return objectives
S) market-share objectives
T) pure competition