Answer:
b). elastic; inelastic
Explanation:
Elastic demand is characterized as the demand that is subject to change due to a variation in price. For example; if the price of Air conditioners increases, their demand would decrease due to their sensitivity towards price changes(having an elastic demand). While an inelastic demand is characterized as the demand that is indifferent to change in price. The demand for such goods remains the same irrespective of alteration in price. For example; salt and other necessary items. Thus, <u>it is required to lower the prices of goods with elastic demand and increasing the prices of goods with inelastic demand in order to uplift the total revenue</u>.
I think this is C hoped this helped
Answer:
Do you need True or fulse?
If yes for the 4 Last senteses its
F
F
T
F
Answer: (A) Shareholder
Explanation:
A shareholder is basically refers to the term stockholder that manage the stock of the company. The main role and responsibility of the shareholder is that they discuss about the main agenda about the stock.
The shareholder manages all the stock related work in an organization and also handle all the investors.
According to the given question, the term shareholder are mainly described about the confidant that the recipient allow the private information to the owner for the decision making process.
