Answer:
1. Responsive
2. Elastic
Explanation:
When the price elasticity of demand for a good is very elastic, quantity demanded is RESPONSIVE to a change in price and the demand curve is relatively ELASTIC.
This is because the price elasticity of demand measures the responsiveness of the quantity demanded to a change in price.
Consequently, as the quantity demanded changes, the demand curve then becomes relatively elastic, by shifting either to the right or left.
Answer:
The Reserve Bank's responsibilities include formulating and implementing monetary policy, promoting financial stability, issuing banknotes, providing banking services to government, operating the high-value payments system, managing Australia's foreign reserves and setting payments system policy.
The main reason why a person would set up this business as a benefit corporation is to help school children.
<h3>What is a Business?</h3>
This refers to the buying and selling of goods or services with the main aim of making a profit.
Hence, we can see that based on the given scenario, there is the business of selling mittens and hats and also giving out a number for free to students, and the main reason why a person would set up this business as a benefit corporation is to help school children.
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The most typical sequences of marketing touch points that result in conversions on your website or app are shown in the Assisted Conversions reports from Multi-Channel Funnels.
Marketing is the term used to describe the activities a business engages in to encourage the purchase or sale of a good or service. Delivering goods to customers or other businesses includes marketing activities like advertising and sales. Affiliates will occasionally carry out marketing for a business.
Employees in a company's marketing and promotion divisions aim to attract the attention of key target populations through advertising. Promotions are aimed at specific demographics and may include celebrity endorsements, memorable slogans or taglines, eye-catching packaging or graphic designs, and general media exposure.
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<span>1. </span>Employ
a business that caters the needs of people such as owning a gymnasium. That way
it improves the quality of life of a person.
<span>2. </span>Basing
on the example above, it does not engage into any harmful practice.
<span>3. </span>Your
decision will depend on increasing the fee of gym users or improving the
interior design of your gym
<span>4. </span><span>It
provides support to the employee because they can interact with the gym users
and can use the gym too</span>
