The degree of price elasticity of demand used for goods is influenced by whether
1. It has close substitutes
2. Its output is easily altered
3. It accounts for a small input
4. It is a durable use or single use goods

A. Bonus theory B. Normative theory C. System theory D. Accounting theory

A. Accounting Theory B. Pricing Decision, Policies and Practices C. Capital Management D. Profit Management

A. 1, 2 and 3 B. 2, 3 and 4 C. 1, 2 and 4 D. 1, 3 and 4

A. Profit management B. Accounting theory C. Pricing policies D. Production analysis