Short position (I think you were supposed to add answers)
Elastic demand means that consumers are sensitive to price and that increased prices can lead to lower sales. There isn't enough information to fully answer this question. We don't know how elastic the demand is. If the demand is only slightly elastic, the increased price and lower demand could still equal higher profits.
Answer:
The term is Assurance
Explanation:
Assurance is the term that is used to mean employee expertise and politeness and their ability to convey trust. It refers to the employee's knowledge and courtesy and thereby shows his ability to convey trust.
Employees that possess the virtue of assurance in the workplace give their employers the opportunity to trust them. Such employees perform well at work.
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.
Answer:
Stay informed about products that you buy to be aware of product recalls.
Gather information about products and services before making a purchase to be aware of price, quality, and the product specifications.
Read instructions on products and use them as intended.
Take action and report faulty products, fraudulent activity, and any other violation of consumer rights.
Consider the impact of your purchases on others and choose products that do not harm the environment.
Insist on compensation if you are not satisfied with your purchase.
