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masha68 [24]
3 years ago
12

A decrease in supply will cause the largest increase in price when a. both supply and demand are inelastic. b. both supply and d

emand are elastic. c. demand is elastic and supply is inelastic. d. demand is inelastic and supply is elastic.
Business
1 answer:
Bezzdna [24]3 years ago
6 0

Answer:

c. demand is elastic and supply is inelastic.

Explanation:

Elasticity is a measure of how buyers and sellers react to a change in prices, and allow us to analyze supply and demand more accurately.

The price elasticity of demand measures how much the quantity demanded changes due to a change in prices. If the demand curve is elastic, total revenue falls as the price increases. If the demand curve is inelastic, total revenue increases as the price increases.

With an elastic demand curve, an increase in prices leads to a decrease in the quantity demanded, in a greater proportion than the increase in prices, in this way total revenue decreases. and the supply decreases greatly.

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GarryVolchara [31]

Some words which can be used to describe a store's image are:

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<h3>What is Perception?</h3>

This refers to the way people view a business with regards to its ease of operations (or lack of it), and ethical outlook, etc.

Hence, we can see that a store that has a bad image, perhaps from selling substandard goods would have a bad/negative public perception and this would affect the business because they would lose customers.

Read more about personal brand here:

brainly.com/question/8042455

4 0
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1. Does the selected business have differentiated products or services? If so, what is the basis for this differentiation from t
Brut [27]

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For example: Our service time is less than the competition and we also give gifts to our buyers, things that the competition does not do.

The basis for differentiation is to look for that quality that the competition does not have and that adds value to what we are doing.

8 0
3 years ago
You bought two new CDs with the last $30 in your checking account, and your next payday is on Monday. What is the opportunity co
bixtya [17]

Answer:

the $30 check that you wrote for the cds

6 0
3 years ago
What is the yield to maturity of a nineminusyear bond that pays a coupon rate of​ 20% per​ year, has a​ $1,000 par​ value, and i
snow_lady [41]

Answer:

12.28%

Explanation:

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The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

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8_murik_8 [283]

Answer:

The correct answer is letter "B": functional managers.

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