Answer:
The Streaming device - elastic
An elastic good is a good whose demand falls a lot, or proportionally, if the price rises. In this case, the price of the streaming device rose by 42%, and revenue fell proportionally even more, by 59%, thus, the streaming device is a very elastic good.
Cinema ticket prices - Unit elastic
A perfectly inelastic good is a good whose demand does not respond to price changes. In this case, even if the ticke prices were lowered, demand stayed the same because revenue stayed the same.
DVDs - Inelastic
The DVDs are inelastic because even if the prices were raised, demand was not affected, and in fact, it grew. An inelastic good is a good whose demand only responds to price in a limited way.
Answer:
The correct option is D.
Explanation:
The statement which is correct and true is the one that states the bank statement is a document which is received from the bank and it records the activity or transactions of the customer in the account because the bank statement is the only document which records the transaction of the customer account.
Therefore, the correct option is D.
A)The profits for common stock owners come before payment to employees, suppliers, government and creditors.
