Business, 28.01.2020 01:31 daemonacoster
Abusiness decreases the price of their product by 10%, as a result, consumer demand for the product has also increased by 10%. which term does the scenario best describe? . a) demand elasticity. b) inelastic demand. c) elastic demand. d) unit elastic demand
Answers: 3
Business, 21.06.2019 19:10
Maldonia has a comparative advantage in the production of , while lamponia has a comparative advantage in the production of . suppose that maldonia and lamponia specialize in the production of the goods in which each has a comparative advantage. after specialization, the two countries can produce a total of million pounds of lemons and million pounds of coffee.
Answers: 3
Business, 22.06.2019 10:00
Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.
Answers: 2
Business, 22.06.2019 11:50
What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.
Answers: 2
Business, 22.06.2019 15:00
Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive
Answers: 1
Abusiness decreases the price of their product by 10%, as a result, consumer demand for the product...
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