Answer:
a. quantity demanded responds to a change in price.
Explanation:
The price elasticity of demand measures the sensitivity of the quantity demanded to changes in the price. Demand is inelastic if it does not respond much to price changes, and elastic if demand changes a lot when the price changes.
Answer:
Chobani would be successful and have economies of scale
Explanation:
After working for a few years on its Greek yogurt product, Chobani decided it eventually wanted to mass-market through grocery stores. After distributing through smaller stores, their word-of-mouth promotions and online presence began driving customer demand. Hamdi Ulukaya made a pricing decision early on to offer the yogurt for around $1. Hamdi Ulukaya made that decision purely to achieve economies of scale. He wanted take advantage related with the cost of the product. By increasing the sales, scale of operation therefore, can be increased and enhanced which in turn definitely will decrease the per unit cost of the yogurt. In this way, he wanted to go for market control as well. He wanted to be the market leader therefore, it could have been very hard for the competitors to chase his sales down eventually. He applied this phenomenon to the whole company from its pant to production and then to overall company as well. Economies of scale mostly are very much effective particularly for the convenience consumer goods.
Not sure but I’m pretty sure it’s E, since an attractive person walking by the open classroom door is not a part of the communication process
The answers are supply and demand.
Answer:
False
Explanation:
Patricia Borstorff and her associates studied employee willingness to work overseas, i.e. to become expatriates. She found that a large percentage of expatriates suffered problems not only on foreign countries but most importantly at home once their assignment was finished.
Family dysfunction was one of the problems, but it wasn't the most severe one. Many expatriates felt that after coming back home their careers suffered, they felt undervalued and many times suffered depression.
Around 50% of expatriates leave their company after returning to the US within a 3 year period and only a few of those who remain at the company end up in a better position than before.