Option B there is fill employment of resources when the economy is on the curve.
A/B Fire Extinguisher <span>is required on-board a Personal Watercraft (PWC)</span><span />
Demarcus's demand for apps is unit elastic
Explanation:
Unit elastic demand is an economic model which assumes that price changes would cause the necessary quantity to be equivalent in proportional.
There is dynamic competition that adjusts proportion to a change in price. A unit elastic demand is a result of price changes because customers have small alternatives that meet their needs.
Likewise, an elastic unit supply results in a price change when near supplies of substitutes are made.
Since a price change in the product corresponds to the same percentage growth in the amount demanded or given, the market elasticity is equal to-1 (Ed= -1) as well as the supply unit elasticity is equivalent to 1 (Es= 1).
Break even analysis determines <span>what sales volume must be reached before the company's total revenue equals total costs and no profits are earned. It is the calculation of the point at which total revenue equals total cost. Break even analysis is helpful in letting businessmen know when their business will turn a profit so the prices of their goods or the amount of goods sold can be adjusted accordingly.</span>
