Answer:
A. Inelastic
B. a less than 10% increase in quantity supplied
Explanation:
A supply is inelastic when a percentage change in quantity supplied is less than percentage change in price.
A supply is inelastic if the price elascitiy is less than 1.
Answer: Filtering
Explanation:
Filtering in communication occurs when information passed on between two bodies is being reduced by the middlemen, where the middlemen are not able to communicate favourable with either party and it affects either of the party, it's called filtering. The inability for the salesperson's to communicate the technical knowledge of the product to the customers which they are being taught during trainings is known as filtering in communication. This causes the business loss as the customers are not able to operate the equipment effectively which the business sells.
Answer: false
Explanation:
The statement is false because cost leadership is not really sustainable as it's cost effective due to the maintenance charge required to keep them in a great care despite the low operational cost being runned by the organization
Answer:
need recognition, information search, evaluation of alternatives, purchase, and post purchase behavior
Explanation:
In simple words, A consumer refers to an individual who acquire a resource in exchange of money or some other resource, to satisfy his or her needs.
The customer decision-making process involves consumers becoming aware of and identifying their interests, gathering input about how to better meet those needs, weighing alternative possible choices, making a buying judgment as well as evaluating their investment.
Answer:
management of the money supply
Explanation:
The Federal Open Market Committee (FOMC) is made up of seven members of the Board of Governors, the president of the federal reserve bank of New York and four rotating regional federal reserve bank presidents. It is in charge of conducting the Fed's monetary policy, i.e. buying and selling US securities to increase or decrease the money supply.
