The exercise of cost apportionment will be most useful where a. Selling prices can be based on costs b. The total direct cost of a department is needed c. The market determines the selling price of a product d. A departmental manager will be held responsible for the costs that are apportioned to them If a firm faces a relatively inelastic demand curve which of the following relationships will prevail? a. The percentage change in quantity is greater than the percentage change in price b. As price changes there in no change in quantity O c. As quantity changes there in no hange in price O d. The percentage change in price is greater than the percentage change in quantity