1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Novay_Z [31]
3 years ago
9

Demand is __________________ when the price change results in a relatively larger change in quantity demanded. People __________

________ need products urgently with this type of demand.
Business
1 answer:
Reptile [31]3 years ago
5 0

Answer:

Demand is Elastic  

people don't

Explanation:

when the change in demand is elastic with relatively larger change in quantity demanded it definitely means that the consumers will not be needing the products urgently. this is because a product with an elastic demand is a product not classified as a necessity. it is rather seen as a luxury good.

An Elastic demand is change in the quantity of goods and services exceeds the change in price of the goods or service been offered and many of such goods and services are not essential commodities.

You might be interested in
Harley-Davidson employs a method of inventory control demanding that suppliers deliver parts and raw materials to Harley's produ
anzhelika [568]

Answer:

Just-in-time  inventory management

Explanation:

Just-in-time or JIT is an inventory management approach that encourages the purchase of materials only when they are needed in the production process. The JIT approach eliminates the need for storing large quantities of material for future productions. The acquisition of materials is aligned with the production process.

By adopting JIT, a business saves on inventory costs as materials are not purchased in bulk. Wastage that results from the storage of material is also eliminated. The success of JIT depends on management ability to forecast sales accurately and working with reliable suppliers.

7 0
3 years ago
Identify the landlord’s responsibilities and the renter’s responsibilities in a home rental agreement. working appliances basic
stiks02 [169]

Answer:

landlord´s responsibilities:

  • working appliances: repair or replace broken appliances, unless tenant is responsible because they didn't use them properly
  • removal of bedbugs: the owner must provide warranty of habitability, so any type of bedbugs, or other insect or animal infestation should be eliminated.  
  • fixing locks and windows: repair or replace broken locks or windows, unless tenant is responsible because they didn't use them properly

tenant's responsibilities: (besides paying the rent)

  • working appliances: the tenant must operate appliances in a reasonable manner
  • basic housecleaning: the tenant is responsible for keeping the house clean and removing garbage
  • fixing locks and windows: the tenant must use them in a reasonable manner

8 0
3 years ago
Read 2 more answers
Products that the consumer does not know about or knows about but does not initially want are referred to as
marin [14]
<span>Products that the consumer does not know about or knows about but does not initially want are referred to as unsought product. they only buy this product out of danger or it is required. the common unsought products are fire extinguisher and funeral services</span>
8 0
3 years ago
You got a new job as a wedding-floral consultant. Your first client tells you that the overall theme of her wedding is romantic,
Maksim231197 [3]
The answer is huckleberry.

source the Penn foster book


6 0
3 years ago
Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 280 employees and occupies 55,200
Agata [3.3K]

Answer:

$61,200

Explanation:

Maintenance expenses allocated to assembly department

Allocation base = Square footage

= $102,000 * $55,200 / ($55,200 + $36,800)

= $102,000 * $55,200 / $92,000

= $61,200

7 0
3 years ago
Other questions:
  • The Masterson family is setting up a vacation fund, and they plan on depositing $1,000 per quarter in an investment that will pa
    8·1 answer
  • In the ____ stage, denial occurs despite signs of deteriorating performance.
    9·1 answer
  • What prompted you to select dollar tree as a potential employer
    11·1 answer
  • What are some job responsibilities of a sport marketer working in social media?
    11·1 answer
  • QUESTION 5 Which of the following is a primary responsibility of the Federal Reserve Bank? Establish monetary policy Collect tax
    11·1 answer
  • Under the Contract To Buy &amp; Sell Real Estate, if Buyer fails to notify Seller by the New Loan Termination Deadline that Buye
    15·1 answer
  • Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturin
    11·1 answer
  • You have just been hired as a business consultant to determine what pricing policy would be appropriate to increase the total re
    6·1 answer
  • Milan Company issued bonds with a face value of $200,000 on January 1, 2018. The bonds had a 7 percent stated rate of interest a
    12·1 answer
  • Creating a chant that rhymes to remember information is a memorization technique.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!