Answer: c. the economic freedom rating of the United States fell and the growth of real GDP was less rapid than that of recent decades.
Explanation: The economic freedom rating of the United States in the first decade of the 21st century fell below the what was obtainable in the previous decade. Likewise, the growth of real GDP during this period was less rapid than it was previously
ANSWER: "whistleblower" .
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Louisiana purchase
Purchase of Alaska from Russia
Mexican American war
<span>Products that customers consider essentials or necessities tend to have less elasticity than products viewed as luxury or discretionary. If a customer believes he needs a certain product for survival, quality of life, or pleasure, he is more likely to stretch a bit to purchase the item if the price goes up. On the contrary, a product viewed as optional is a less likely purchase as the price increases because the customer believes he can live without it.Customer OptionsThe more options a customer has to meet a particular functional or emotional need, the more elastic a product's demand. This is why a company with a monopoly has a huge advantage. Customers don't have options and feel compelled to buy from the given provider. In highly competitive industries, price differentials are usually less among competing brands because of the ability customers have to select lower-priced alternatives. A closely related factor is the cost of switching brands. Cell phone customers often wait to change providers to avoid penalties if they are obligated to service contracts.
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