Answer:
e. fall; greater than; falls
Explanation:
Demand is price elastic if a small change in price has a greater effect on the quantity demanded. The coefficient of elasticity is usually greater than one which indicates that the percentage change in quantity demanded is greater than the percentage change in price.
Elasticity of demand = percentage change in quantity demanded/ percentage change in price
If demand is elastic, an increase in price leads to a fall in quantity demanded and total revenue falls.
I hope my answer helps you
Hi Laight6069,
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Let x be the original price of an item. For the first case, the employee avails the 25% first then the 10%.
Price: (0.75x)(0.90) = 0.675x
For the second case, the 10% discount is availed first then, the 25%.
Price: (0.90x)(0.75) = 0.675x
Thus, whichever is the case, the price would be the same. The answer is letter D.
Answer:
If Trein sues E-presto for tortious interference with a contract, E-presto<u> is liable for tortious interference with a contract.</u>
Explanation:
A tort is a violation of a duty imposed by civil law
, i.e. a civil wrong.
Tortious interference refers to one company, A, interfering with the contract of another company, B. This interference must be intentional, and must result in a financial, reputational or business relations damage to company B.
Yes, because the sum of 640 and 180 is greater then 760