The demand for his hot dogs will decrease. This is because Andrea is selling things at a better price than Jeff, and Mark and his friends would probably like to try something different than hot dogs.
The last one so work samples etc are the best examples
Answer: The correct answer is "A. Question marks".
Explanation: This firm would be placed in the "Question marks" category of bussiness in the BCG matrix.
The questions are those that still do not know what their evolution will be (usually those that are in the development or launch phase), but which can become star products.
Answer:
a
Explanation:
Vertical integration is when a firm acquires a business further in its production chain. For example, a sandwich company purchasing a bakery
Answer:
coefficient = 0
Explanation:
We have the formula to calculate the price elasticity of demand as following:
<em>Elasticity coefficient = % Change in quantity/ % Change in price</em>
As given:
+) The percentage change in price is: (120-150)/150= - 20%
+) The quantity bought remains unchanged - which means the percentage change in quantity demanded is 0%
=> <em>Elasticity coefficient = % Change in quantity/ % Change in price</em>
<em>= 0/-20 = 0</em>
<em />
<em>So the coefficient of price elasticity of demand in this example would be 0</em>