Product market comparisons that focus on labor costs are likely to deserve greater weight when product demand is inelastic.
<h3>What is the product market?</h3>
The product market is defined as the marketplace where final items or services are sold to firms and the government.
It does not concern trading in raw or another intermediate substances because it concentrates on the selling of finished goods. Business enterprise market and labor market are two speeches that are related to but not interchangeable.
When product demand is inelastic, product market comparisons that focus on labor costs are more likely to be valuable.
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Answer:
You don't need to balance your checkbook anymore. ... Most people have learned to use online banking and apps, and they never learned to balance a checkbook. Unfortunately, there are still times when writing a check is the only option. This article is about how to keep writing checks while never balancing a checkbook.
Explanation:
Says google
1. Decrease in inventory, increase in cash
2. Increase in machinery (motor lorry) , decrease in cash
3. Decrease motor lorry, increase cash
4. Increase machinery and equipment, increase in accounts payable
5. Increase in office furniture , increase in accounts payable
Answer:
Explanation:
Credit unions offer higher savings rates and lower interest rates on loans. This means that their members are better served and might be able to save a significant amount on car loans, student loans, and mortgages.
This is a probability question
