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tia_tia [17]
3 years ago
7

The tendency for people who have first agreed to a small request to comply to a larger request is called the phenomenon

Business
1 answer:
Vaselesa [24]3 years ago
4 0
Its called the foot-in-the-door phenomenon.
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givi [52]

Answer:

D. A price that fits comfortably in your budget

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3 years ago
the burden of a tax falls entirely on sellers if group of answer choices the price elasticity of demand is unitary elastic the p
nadezda [96]

B) If the price elasticity of demand is zero, then all of the tax burdens fall on the sellers (perfectly inelastic).

<h3><u>How does price elasticity work?</u></h3>

A measure of a product's consumption change in response to a price change is called price elasticity of demand. Price elasticity is a tool used by economists to analyze how changes in a product's price affect its supply and demand. Supply has an elasticity similar to demand, and it's called the price elasticity of supply.

The relationship between a change in supply and a change in price is referred to as price elasticity of supply. By dividing the percentage change in quantity supplied by the percentage change in price, it is determined. What products are produced at what prices depends on the interaction of the two elasticities.

Learn more about price elasticity with the help of the given link:

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8 0
1 year ago
only deposits of a rare and sought-after mineral known as Yuksporite are found in ussia. Since no other nation has deposits of Y
mash [69]

Answer:

D. Absolute Advantage

Explanation:

Absolute advantage represents an economics principle referring to the capability of a firm or a country or even an individual to manufacture or produce a larger quantity of a product or offer a greater quantity of a service than its competitors especially with the same amount of resource which in in reference to international trade is labour.

The absolute advantage for Russia in the question is that it has the only deposits of Yuksporite and using the same amount of labour input other countries would have used, Russia has the absolute advantage as the only manufacturer of goods that would come out of Yuksporite.

4 0
3 years ago
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False

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The law does not distinguish between the business and the owner. Any liabilities arising from the business are considered to be the owner's liability. In this wedding situation, the sole proprietor is solely responsible for the mistakes of his assistant.

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3 years ago
Which sentence best completes the diagram?
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The answer might be option no C

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