Final answer:
True, pricing decisions can be seen both as static elements where prices are stable over time, and as dynamic, adjusting in response to supply and demand despite menu costs and market forces.
Step-by-step explanation:
The proposition that price decisions can be viewed in two ways is indeed true. Pricing can be seen as a static element in a business decision, where it's set and does not frequently change. Alternatively, pricing is also viewed as a dynamic, fluctuating with the market and economic signals. Considering menu costs, the resources and customer relations involved mean that pricing might be more static as frequent changes can cause confusion and discontent among consumers. However, prices will eventually adjust in response to supply and demand, but this adjustment may take time due to the various forces and constraints at play in the economy.