I just needed some points to figure things out i don’t do anything else
If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will <u>increase </u>the quantity demanded by about <u>2.5%</u>.
Price elasticity of call for is a measurement of the trade in the intake of a product on the subject of exchange in its price. Expressed mathematically, it's miles: charge Elasticity of demand = percent trade-in quantity Demanded / percentage trade-in rate.
we are saying a great is price elastic whilst growth in prices causes a bigger % fall in demand. e.g. if fee rises 20% and demand falls 50%, the PED = -2.five. Examples consist of Heinz soup.
Learn more about Price elasticity here: brainly.com/question/24384825
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It's best to use process tailoring when they are facing difficulties with the current agile projects strategy or they want to create improvement by trying new things.
Through process tailoring, management could adjust current strategy with unique problems/situation that faced by the organization in order to increase the efficiency.
There are a couple of academic requirements for an anthropologist job. If Karlie wants to be start at an entry level anthropologist job she will need a bachelor's degree. If Karlie wants to start at an advanced level, she will need a doctoral or master's degree.
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Hmm........ Cancel the Delivery while its being delivered, then explaing to the person that bought it what happened and give them the $75 without ACTUALLY giving the stamp collection