Answer:
Make the demand curve more inelastic
Explanation:
Substitute goods are goods that can be used in place of another good.
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Acquiring a firm that sells a substitute good will reduce the amount of competition a firm's good faces so consumers would have less options of goods available to purchase. This makes their demand more inelastic. If price increases, consumers have little or no options they can substitute to, so they continue to demand for the product.
Answer:
a. gain the advantages of small businesses.
Explanation: To gain the advantages of small businesses is one of the most important reasons for downsizing, chief of which is the flexibility that comes with it. As a result, organizations are more able to adapt to changes that are necessary to ensure its survival. Other reasons are numerous, such as focus, expertise, increased productivity, operating cost reduction etc. However, downsizing can be an organizational stressor, it is needless to
say that downsizing of workforce is extremely stressful to those who lose
their jobs as well as layoff survivors who also experience stress due to higher workloads,
feeling of guilt, job insecurity, the loss of friends at work etc, making option A the preferred answer to the question.
Answer:
d. the rate at which consumers are likely to adopt a new product or service.
Explanation:
Diffusion theory tends to describe that how, why and at what rate does now ideas and technology spreads. This theory is mainly focused on human capital and cannot function without it.
New ideas and technology cannot be spread until people adopt them. Therefore the focus of this theory remains at the rate at which consumers are likely to adopt a new product or service.
Answer:
Political union
Explanation:
Political Union is a union created when member countries of an economic and monetary union work closely with one another to arrive at common defense and foreign policies and behave as a single country.
Political union is when smaller states come together to form one state.
Forms of a political union includes:
Incorporating union
Incorporating annexation
Federal (or confederal ) union
Federative annexation
Mixed unions
I hope my answer helps you.