Which one of the following is not a basic decision option for altering demand?

Which one of the following is not a basic decision option for altering demand?Multiple ChoicePricingCreating new demandKeeping finished-goods inventoryEarly orders

Choose the best option from below for a situation where quantity demanded changes by a smaller percentage than priceGroup of answer choicesInelastic demandElastic demand.Infinite elastic demandUnit elastic demand

If a consumer’s income increases: Group of answer choicesThere will be a change in demand.There will be a movement along the demand curve.There will be an increase in the quantity demanded, but the demand curve will not shift.b and c.None of the above.

Which of the following would NOT shift the demand curve for a good or service?A A change in incomeB A change in the price of a related goodC A change in expectations about the price of the good or serviceD A change in the price of the good or service

If a business operating in monopolistic competition wishes to increase its sales volume, it will have to ______.Multiple choice question.lower its price.reduce its costs.