1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
user100 [1]
3 years ago
5

The price elasticity of demand if the price of a pint falls from $8 to $6 is

Business
1 answer:
melamori03 [73]3 years ago
6 0
It means to say that the demand of the product is decreasing.  The relationship between the price and demand is one way. It means to say that if the price increases, the demand is higher. In this scenario, the price increases to avoid shortage on the product. If the price is decreasing, it means to say that the demand is decreasing and can possibly cause surplus on the said product. Lowering the price allows consumers to have higher purchasing power and enticing them to purchase such product.
You might be interested in
services act as a middleman, allowing individuals to securely send and receive money. select all that apply. a. p2p b. b2b c. b2
k0ka [10]

Services act as a middleman, allowing individuals to securely send and receive money is A. p2p

<h3>How to illustrate the information?</h3>

It should be noted that p2p simply means the peer to peer platform that allows two individuals to be able to interact directly without the third party.

Peer-to-peer (P2P) lending eliminates the need for a middleman financial institution by allowing borrowers to get loans directly from other borrowers. P2P lending has become much more popular as a substitute for traditional funding thanks to websites that make it possible.

It should be noted that they act as services that act as a middleman, allowing individuals to securely send and receive money.

Therefore, the correct option is A.

Learn more about money on:

brainly.com/question/24373500

#SPJ1

7 0
1 year ago
When should you write a functional (skills) résumé?
stich3 [128]
B. when you are making a career change
6 0
3 years ago
Read 2 more answers
A review of Munchen Corporation's financial statements reveals the following information: cost of goods sold: $100,000; decrease
drek231 [11]

Answer:

The Cash paid to suppliers was $85,000

Explanation:

Data provided in the question:

Cost of goods sold = $100,000

Decrease in inventory = $5,000

Increase in accounts payable = $10,000

Now,

Cash paid to suppliers will be

= Cost of goods sold - Decrease in inventory - Increase in accounts payable

= $100,000 - $5,000 - $10,000

= $85,000

Hence,

The Cash paid to suppliers was $85,000

8 0
3 years ago
Tray's job is to survey personnel, customers, and corporate partners regarding what other firms in the market are doing. He also
Basile [38]

Answer:

The correct answer is letter "E": competitive intelligence.

Explanation:

Competitive intelligence refers to gathering and analyzing corporate information that could affect a firm's competitive advantage. Thanks to the information gathered companies can mirror other institution's good practices to increase efficiency and effectiveness, thus, revenue.

3 0
3 years ago
Theodore and James have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers. T
Kamila [148]

Answer:

a global strategic alliance

Explanation:

A global strategic alliance is established between two or more countries that are established on different countries. In this case, TJ's headquarters are in the US and the other game company's headquarters are in Thailand. This type of alliance is very common when companies want to enter new international markets. For example, Volkswagen Group is the largest car manufacturer in the world, even though its headquarters are located in Germany, around 50% of the cars it sells are produced in China through a series of strategic alliances with Chinese car manufacturers. It was the first western car manufacturer to start producing cars in China and it really paid off for them. Its share of the Chinese car market is currently around 25%.

7 0
3 years ago
Other questions:
  • Which of the following is responsible for decision making regarding the purchase and sale of bonds by the fed?
    11·1 answer
  • The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of mai
    13·1 answer
  • Which step in the STP process develops descriptions of the different segments, which helps firms better understand the customer
    10·1 answer
  • A central point within an organization from which all customer service contacts are managed by various forms of technology is th
    10·1 answer
  • Assuming the cost to place an order is constant, all other things remaining the same, DECREASING the order quantity (Q*) causes
    12·1 answer
  • Jackson Company produces plastic that is used for injection-molding applications such as gears for small motors. In 2019, the fi
    15·1 answer
  • A company purchases new equipment for $90,000 cash on August 1, 2021. At the time of purchase, the equipment is expected to be u
    10·1 answer
  • PA12. <br> LO 5.4Complete this production cost report:
    15·1 answer
  • Those who favor greater control of the economy and the social order to bring about greater equality and to regulate the effects
    12·1 answer
  • The interest on a $5,400, 3%, 45-day note is ______________.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!