The use of IT to seamlessly exchange data is what is referred to as strategic alliance.
<h3>What is strategic alliance?</h3>
This is a type of alliance that is formed where two companies would decide to share their resources in order to undertake a joint project for mutual benefits.
These kinds of alliances are very important due to the fact that it helps to create access to global markets.
Read more on strategic alliance here:
brainly.com/question/4467038
The answer to this statement is true. It is because they do
not have or provide publicly financed health insurance for the unemployed for
they only offer it to those people who are usually employed as they given these
type of services to them.
Answer:
supply curve for electric and hybrid autos will shift rightward.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
In order to understand both short-run economic fluctuations and how the economy move from short to long run, we need the aggregate supply and aggregate demand model.
In this scenario, the battery packs used in electric and hybrid automobiles are one of the largest cost components for manufacturing these cars. As the price of these batteries decline, we expect that the supply curve for electric and hybrid autos will shift rightward i.e it would increase.
In the short-run, a rightward shift in the aggregate supply (AS) curve causes output to increase and result in a price fall (lower price).
It is an elastic good and to increase the revenue, the producer should decrease the price of the good.
<u>Explanation:</u>
The good that has a price elasticity of demand with a coefficient of 1.6, the good is said to have elastic demand. For such a good, the producer should decrease the price of that good to increase its revenue. With the decrease in the price, the demand of the good will increase significantly. This will help him increase his revenue.
Answer: build traffic.
Explanation:
The pricing model employed by such gas stations is built in a way to drive traffic. traffic is important and has an impact in many ways 1. low traffic can bog your business down at some level.
2. When you increase your traffic along with the quality of the visitors, the better you will be able to increase your sales.
traffic in this context refers to customers the more you are able to pull customers over the more sales you make.