Don't use "i" or refer to yourself in any way try not to state opinions but facts
If the demand for milk is relatively inelastic, the discovery will lower both price and total revenues.
Option - b
<u>Explanation:
</u>
Reducing prices to gain sales is a famous advertising tool. This type of situation arises mostly with every day products and services. If the quantity is increased, the demand will be inelastic this will lower both price and total revenue. Total revenue is reduced as price is reduced when demand is inelastic. When demand is inelastic, instead of reducing total revenue it could be hiked by raising price instead of reducing price.
Inelastic demand: In Economics, inelastic demand is even when the price of the product increases or decreases, the purchase rate of the product will be the same.
Answer:
what
Explanation:
please write the question properly I can't understand it
Answer:
d) Title 1 should be Financial Management Career Pathway, and Title 2 should be Investment Career Pathway
Explanation:
i believe its D but im not exactly sure
If Contracted parties discharge their obligations by doing what they respectively agreed to do: this is called discharge by <u>performance</u>
<h3>What is Discharge by performance?</h3>
Discharge by perfomance can be defined as the process in which a parties in a contract agreed to carryout or agreed to perform their duties based on the terms of their agreement.
By doing so the parties has fulfil their obligation based on their contract agreement which is know as discharge of performance.
Therefore this is called discharge by <u>performance</u>
Learn more about Discharge by perfomance here:brainly.com/question/8307959
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