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
eduard
3 years ago
13

A good with many close substitutes is likely to have relatively ______ demand, since consumers can easily choose to purchase one

of the close substitutes if the price of the good rises.
Business
1 answer:
Anna [14]3 years ago
6 0

Answer: Elastic

Explanation: When a good has close substitutes a small change in the price of the good will lead to a large change in its demand as consumers will switch to the less costly substitute good. Therefore,  good with many close substitutes is likely to have relatively elastic demand, since consumers can easily choose to purchase one of the close substitutes if the price of the good rises.

You might be interested in
Answer the following as True or False.
svp [43]

Answer:

1. False

2. True

3. True

Explanation:

In Accounting, declaring and paying a stock dividend only decreases Retained Earnings but not Stockholders' Equity on the balance sheet because it has no effect on the cash position of an organization.

5 0
2 years ago
​the key to being a good follower is to think for oneself and to work well without close supervision. this is referred to as ___
swat32
The answer is, "this is referred to as self-management".


There are four essential Qualities of Effective Followers, which includes;
Self-management
Commitment
Competence and focus
Courage
Self management is considered as the key to being a good follower. <span>Effective group members can see themselves as they are as capable as their leaders.</span>
4 0
2 years ago
Good marketing research helps us identify what customers have purchased in the past and what they are likely to want in the futu
Alexxx [7]

Answer:

These are the answers for the question:

A. sequential data

B. formative data

C. primary data

D. secondary data

And this is the correct one:

C. primary data

Explanation:

Primary data or primary information is data that is gathered by the marketing researcher, directly from the source, and with the purpose of finding information to solve the marketing research question.

In this case, Super Fun is engaging in primary data collection because the marketing team will survey the customers directly, with the goal of understanding better customers wants and needs while they are at the Super Fun Park.

4 0
3 years ago
A market growth factor that explains customers' perceptions of a new product as better at satisfying their needs than the produc
Serhud [2]
This is the answer to
8 0
2 years ago
How does strategic planning influence day-to-day business operations? why is it important for systems analysts to understand a c
Marysya12 [62]

Strategic planning is the art of developing specific business strategies, putting them into action, and evaluating the results in relation to a company's overall long-term goals or desires. Strategic planning is the art of understanding the strategic plan, which are the long-term goals for a company.

It is a theory that concentrates on integrating different corporate divisions to help a company achieve its strategic goals. The terms "strategic planning" and "strategic management" are nearly synonymous.

The idea of strategic planning first gained popularity in the 1950s and 1960s and it remained prominent in the business sector into the 1980s.

To learn more about business strategies, click here

brainly.com/question/3325483

#SPJ4

6 0
1 year ago
Other questions:
  • DuBois, Inc. announces a large stock dividend of 65% of the 4.96 million outstanding shares of common stock. The current price p
    11·1 answer
  • What happens to your tax liability with proper financial planning?
    8·2 answers
  • When merchants negotiate sales contracts, they often exchange preprinted forms. These "boilerplate" forms usually contain terms
    11·1 answer
  • A fixed cost is a cost which
    10·1 answer
  • Jackie has one risk-free asset and one risky stock in her portfolio. The risk-free has an expected return of 3.2 percent. The ri
    5·1 answer
  • g Refer to the financial statements of Flathead Lake Manufacturing Company. The firm's inventory turnover ratio is _________. (P
    7·1 answer
  • Why do nations often impose trade barriers that make it difficult for their own citizens to trade with people in another country
    15·1 answer
  • You are given the following information concerning Parrothead Enterprises:
    5·1 answer
  • The greatest amount of satisfaction comes from which utility?
    15·1 answer
  • In the dell case study, engineers working closely with marketing, used lean software development strategies and numerous technol
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!