1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lelechka [254]
1 year ago
10

Assume the manager is located at point B in the diagram above, and he is charging a price of P0. What does the demand for the fi

rm's goods look like if the management anticipates that rivals would not match price reductions but will match price rises instead of price decreases?

Business
1 answer:
Elena-2011 [213]1 year ago
8 0

The demand for the firm's goods based on the diagram given and the current price is elastic.

<h3>Why is the price elastic?</h3>

Demand is said to be elastic when quantity demanded decreases when prices increase, and vice versa.

Looking at the graph, if there is a price increase by management, the demand will decrease as shown by the space on the blue line above quantity B.

If prices reduce however, the demand increases as shown by curve D₂.

In conclusion, the demand is elastic.

Find out more on elastic demand at brainly.com/question/7966430.

You might be interested in
What is a good Warzone loadout. Best gets Brainliest. Explain
muminat
M4A1 is the best weapon
4 0
2 years ago
Read 2 more answers
Instead of assigning access for each user account individually, ________ is a more efficient and easier-to-manage approach. Cent
katovenus [111]

Answer:

Role-Based Access Control (RBAC)

Explanation:

Instead of assigning access for each user account individually, Role-Based Access Control (RBAC) is a more efficient and easier-to-manage approach.

In computer systems security, role-based access control or role-based security is an approach to restricting system access to authorized users. <u>It is used by the majority of enterprises with more than 500 employees,</u> and can implement mandatory access control or discretionary access control.

Hence, access need not be assigned for each user individually.

4 0
3 years ago
Which of the following is not a type of bank
Pani-rosa [81]
What are choices for this question
4 0
2 years ago
Read 2 more answers
The interest cost component of NPPBC is the_______________.
san4es73 [151]

Answer: D

Explanation: Interest cost reflects the change in the APBO throughout the period which arise simply from a passage in time.

It is usually equal to the APBO at the start of the period times, the supposed discount rate which is used to regulate present value of future cash outflows currently expected or needed to satisfy the commitment or duty.

7 0
3 years ago
Read 2 more answers
in chronological order based on the three lessons studied, discuss why it is very important to learn economics in our real world
Elza [17]
I have a lot to say about the president and president for
3 0
2 years ago
Other questions:
  • Tree Seedlings has the following current-year purchases and sales for its only product. The company uses a periodic inventory sy
    11·1 answer
  • Consider your home and possessions. What types oF risks do you Face? What insurance would you recommend to someone in a similar
    12·2 answers
  • Jack enters into a contract with Jill’s Farm to provide water for Jill’s irrigation needs. Jack fails to deliver. Jill initiates
    10·1 answer
  • Consider the following simple economy that produces only three​ goods: 2009​ (Base Year) 2017 Product Quantity Price Quantity Pr
    10·1 answer
  • Blue corporation's standards call for 2,500 direct labor-hours to produce 1,000 units of product. during may 900 units were prod
    12·1 answer
  • Emma is the team lead at a data analytics firm. She believes in encouraging her team members to fulfill their job responsibiliti
    15·1 answer
  • HELP PLEASE
    10·2 answers
  • Over the years, Hampton Industries' stockholders have provided $40,000,000 of capital when they purchased new issues of stock an
    5·1 answer
  • ABC Company has completed the basic format to be used in preparing the statement of cash flows (indirect method). Listed below i
    8·1 answer
  • The U.S. encourages domestic companies to export because _____________.
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!