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stellarik [79]
3 years ago
7

If productivity increases significantly and demand is not very elastic what is likely to happen?

Business
2 answers:
amm18123 years ago
4 0
If productivity increases significantly and demand is not very elastic, you will end up with too much inventory which equals loss.
postnew [5]3 years ago
3 0

Answer:

Fewer workers will be needed.

Explanation:

if productivity increases, production per worker increase. Not very elastic demand means that demand changes only a little with a variation of prices; so if productivity increase, but the demand remains almost the same, less (more efficient) workers will satisfy the demand.

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Semiautomatic process has a fixed cost of $40,000 per year and variable cost of $30 per unit. An automatic process has fixed cos
GuDViN [60]

Answer:

Total cost= 40,000 + 30X

Explanation:

Giving the following information:

The semiautomatic process has a fixed cost of $40,000 per year and a variable cost of $30 per unit.

We need to use the following formula:

Total cost= fixed costs + unitary variable cost*X

Total cost= 40,000 + 30X

3 0
3 years ago
What is an essential government role in market economies select one of the options below as your answer:
slavikrds [6]
The correct answer to this question is letter "b. to prevent monopolies and collusion." An essential government role in market economies is <span>to prevent monopolies and collusion. If it happens that there is monopoly and collision, then it will be a big problem to consumer.</span>
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3 years ago
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The client Circuit City is considering the introduction of private label brands into their superstores. Private label brands are
Olegator [25]

Answer:

Following are the responses to the given question:

Explanation:

Please find the complete question.

Yes, value exists. Their price is lower and therefore more competition and benefit are higher. Its value is reduced. Further competition among producers leads to higher production and lower prices. Further good product feedback will increase profitability after their use by consumers. Based on buyers' requirements, drugs can also be added. The drawback is that the output and performance depend more on the producer. Initially, the gain can be very low due to lower prices. Because they are typically replicas of premium products, a distinctive identity becomes difficult to have. Besides, customers get less trust and this problem is worse from the outset.

8 0
3 years ago
Think of a product that you purchased within the past 6 months
dalvyx [7]

Answer:

<em>Product purchased:</em> a purse

<u />

<u>How did you recognize that you needed the product?</u>

Through a need for more space to carry personal items to work.

<u>Where or how do you look for information about alternative products that meet this need (product)?</u>

Buying online is one of the facilities made possible by new technologies, which allows us to choose the product that meets our desires and needs without having to go to a physical store, in addition to the possibility of comparing prices and getting special discounts.

<u>What alternatives did the research process generate and what variables did you use to make the final purchase decision?</u>

The alternatives found were fast fashion sites that offered a bag of the ideal size, with the expected quality and defined average price.

<u>Where did you buy the product and why?</u>

I bought the product at Zara, which is a top quality fashion department store that would meet all requirements and needs with the purchase.

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<u>Were you satisfied after using or consuming the product? Explain.</u>

Yes, because the benefits added to the product met my needs and desires.

<u>There are 5 categories of influences as described in your text: economic, psychological. social, culture and ethnicity, purchasing situation. Which one(s) do you think had the greatest effect on your purchase decision? Please explain.</u>

The item that had the most effect on the purchase decision was the psychological and economic item, as the choice of the product was made due to a need for work, but whose purchase decision process took into account factors such as brand, quality and the price of the product.

6 0
3 years ago
Permanent product measurement may be more accurate, complete, and continuous for all of the following reasons except: a. The obs
CaHeK987 [17]

Answer:

b. The behavior definitions are more precise.

Explanation:

  • The permanent product management refers to the real objects or output of that result from a behavior an example of the homework or the assignments done by the student.  
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4 years ago
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