​An example of organizational architecture based on customer location is when divisions are defined as

A) ​R&D,Engineering,Production,Marketing,Sales
B) Component 1 Plant,Component 2 Plant,Component 3 Plant,Final Assembly
C) Store 1,Store 2,Store 3,Region A,Region B,Sales Division
D) ​Business Customers,Educational Customers,Household Customers

​A pharmaceutical company faces a price regulation where it cannot charge any higher than $5,000 for a lifesaving drug.The company knows that the patients put a high value on this product and are willing to pay up to $10,000 for it.The company will likely

A) ​Not do anything-it is prohibited by law to increase its price
B) Bundle the drug with periodic blood testing,selling the bundle for $10,000
C) Require that the patients have the drug administered by the company's medical staff,for an additional $5,000
D) ​Both B&C

If the price elasticity of demand for a good is 5, then a 10 percent increase in price results in a

A) 0.50 percent decrease in the quantity demanded.
B) 2.00 percent decrease in the quantity demanded.
C) 50.00 percent decrease in the quantity demanded.
D) 100.00 percent decrease in the quantity demanded.