Is demand elastic or inelastic?
a. demand is inelastic at all prices above $8.00 and elastic at all prices below $8.00.
b. demand is elastic at all prices above $6.00 and inelastic at all prices below $6.00.
c. demand is inelastic (at all prices).
d. demand is elastic (at all prices).
e. demand is elastic at all prices above $8.00 and inelastic at all prices below $8.00 .

The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?