Answer:
The Business Auto Coverage Form does not cover automatic coverage for physical damage to trailers.
The correct answer is C
Explanation:
Trailers used for business purposes may be covered by physical damage coverage but they are not covered by automatic coverage.
Answer:
a. buyers tend to be much less sensitive to a change in pricewhen given more time to react.
Explanation:
The options to this question wasn't provided. The full question can be found here: https://www.chegg.com/homework-help/questions-and-answers/32-holding-forces-constant-price-ofgasoline-rises-number-gallons-gasoline-demanded-wouldfa-q532985
Here are the options to the question:
a. buyers tend to be much less sensitive to a change in pricewhen given more time to react.
b. buyers tend to be much more sensitive to a change in pricewhen given more time to react.
c. buyers will have substantially more income over a ten-yearperiod.
d. the quantity supplied of gasoline increases very little inresponse to an increase in the price of
The demand for a good is usually inelastic in the short run considering the time consumers would take to search for an alternative.
When the price of gasoline rises, it is expected that quantity demanded falls but the fall in quantity demanded might take place over a period of time because it would take time for consumers to find suitable alternatives to gasoline.
I hope my answer helps you
Answer:
The answer is C. decrease the number of skis sold
Explanation:
This satisfies the popular law of demand which states that other things being equal, the higher the price the lower the quantity demanded and vice-versa.
Ski lift is a normal good which also satisfies the law of demand. The elasticity of demand is elastic meaning 1% increase in price will lead to a significant decrease in quantity demanded.
Answer: True
Explanation:
The theory of constraints (TOC) is a manufacturing strategy that focuses on reducing the influence of bottlenecks on processes involved in production of goods and seevices.
According to the theory if constraint, constraints affects the performance of firms and thus brings about a reduction in capacity and also the production of the product.
Therefore, the answer is true.