Answer:
2.20
Explanation:
The Price elasticity will be:
Δdemand/ΔPrice
<u>The mid point is used to calculate the increases.</u>
Δdemand = ΔQ/midpointQ
(Q2+Q1)/2 = mid point quantity = (300+ 200)/2 = 250
ΔQ = 300-200 = 100
Δdemand = 100/250 = 0.4
<u>Same procedure is applied with the Price numbers:</u>
Δprice = ΔP/midpointP
(P2+P1)/2 = mid point price = (3+ 2.5)/2 = 2.75
ΔP = 2.5-3 = 0.5
Δprice = 0.5 / 2.75 = 0.181818
FInally we calculate the price elasticity:
Δdemand/ΔPrice
0.4/0.1818181818 = 2.2
The correct answer is C. Helps developing nations escape from poverty
Explanation:
The World Trade Organization (WTO) is one of the most important organizations worldwide that regulate the trade between nations, the WTO includes almost all countries in all continents and aims at facilitating trade and other economic activities. Despite this, the WTO is criticized by many for multiple reasons that include the pollution and environmental degradation due to more trade and manufacture, the irregularities in protections and conditions as some countries skip laws about workplace safety, child labor, etc. and that it supports big multinational corporations rather than small local businesses.
However, one of the reasons critics of the WTO do not mention because it is a positive aspect of the WTO and the liberalized trade is that it actually "helps developing nations escape from poverty" as it provides opportunities for all the members to trade products especially those that are exclusive from each country.
salesforce.com is a customer relationship management company that integrates every part of a company that interacts with customers—including marketing, sales, and service—onto one crm platform, salesforce customer 360.
This product gives teams a shared view of every customer. salesforce.com shows that CRM aims at all of the following except Getting data base from competitors.
<h3>
What is Customer Relationship Management?</h3>
Customer relationship management (CRM) is a technological tool for managing all your company's relationships and interactions with customers and potential customers.
The major aim of CRM is to Improve business relationships. A CRM system helps companies provide this service by staying connected to their customers and ensuring easy access of information to boost profitability.
Learn more about Customer Relationship Management at brainly.com/question/21299183
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Answer: c. resource-transfer effects
Explanation:
Foreign Direct Investment refers to when a company from a foreign country actually owns a business in the local country or at least controls a significant portion of it.
If the foreign country is a Developed nation and the local country is a Developing nation, the foreign company would bring with it resources to build their local investment and make it more competitive.
Resources such as capital and technology would be brought in that can then be used by the Developing country to its own benefit.
