Hello new friend I’m very nice
The correct matching of the given scenarios are"
- Klaus' demand for orange juice- Relatively elastic
- Amanda's annual demand for coffee- Relatively elastic
- Jackson's demand for mystery novels- Relatively inelastic
- Hermy's demand for Minute Maid orange juice- Relatively inelastic
- Olivia's daily demand for Starbucks latte- Relatively inelastic
- Stephen spends a very little part of his income on soda- Relatively elastic
- Xavier's demand for his economics textbook- Relatively inelastic
<h3>What is Elasticity of Demand?</h3>
This refers to the substantial change in demand of a particular product as a result of an economic factor.
With this in mind, we can see that inelastic demand has to do with the situation where the demand does not change regardless of the price change.
Read more about elasticity of demand here:
brainly.com/question/7966430
The company stating the standards and procedures in place to prevent and detect misconduct is an example of organizational culture.
<h3>What is organizational culture?</h3>
Organizational culture simply means the collection of values and expectations that guide and inform the employees in a company.
In this case, the commission continued to emphasize that there should be standards and procedures in place to prevent and detect misconduct. This is important as it depicts organizational culture.
Learn more culture on:
brainly.com/question/25010777
Answer:
Bread and butter are complimentary goods if the price of butter is increased then the demand for butter will decrease and since bread and butter are used together when the demand of one good is decreased, the demand of the other good will also be decreased and the price of bread will decrease.
Because of this demand curve will shift downward towards the left along with the supply curve.
If the price of flour is decreased it will decrease the price of the bread and the demand of the bread will be increased but again when bread and butter are to be used together then as the demand of butter is decreased then the demand of the bread will also be decreased and at the end the equilibrium price of the bread will decrease.