Answer:
D) its revenue minus its cost of intermediate goods.
Explanation:
The firm value added shows a difference between the revenue and the cost of intermediate goods
In mathematically,
Firm value added = Revenue - cost of intermediate goods
After deducting the cost of intermediate goods from the revenue we can get the firm value added
Hence, the option D is correct as it denotes the firm value added
M9ney spent on household expenses
Answer: (A) Vision
Explanation:
According to the given scenario, the Xavi is basically demonstrating about the vision about their new startup EnerMob Inc., company in which he planning to promote the concept of cell phone batteries which is typically charged by the solar panel.
Xavi is basically developed the proper vision of his company so that it helps in achieving his main objective for selling the new cell phone batteries products in the market and by using the promoting strategy we influence the customers.
The vision is the term which is used to define the main objective and goal of an organization so that by proper planning we can easily achieve the desirable goals.
Therefore, Option (A) is correct answer.
Answer:
True.
Explanation:
A flat demand curve for a particular product indicates that the product is very sensitive to a change in the price level and on the other hand, a steeper demand curve indicates that any change in the price level doesn't have a effect on quantity demanded or have a little impact.
Elasticity of demand refers to the responsiveness of quantity demanded with any change in the level of price of the product.
The demand for these products is more elastic because a slightly change in the price level of a product will result in a large change in the quantity demanded for that product.
