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
Usimov [2.4K]
3 years ago
15

Amazon allows authors who self-publish their e-books to set the prices they charge. One author is quoted as saying, "I am able t

o drop prices and, by sheer volume of sales, increase my income." The demand for this author's book was price __________________
Business
1 answer:
nirvana33 [79]3 years ago
8 0

Answer:

Price elastic.

Explanation:

In economics, elasticity refers to the measure of response of how a change in one factor will affect another.

Price elasticity is an example. Where a change in the price of an item increases the demand and supply of the item

In this case, the Author was able to increase volume of sales and increase income by dropping the price of the book.

Therefore the demand of the book was price elastic.

You might be interested in
Q 2.2: Accounts that are increased with a debit include A : equity. B : assets. C : revenue. D : liability.
Gennadij [26K]

Answer:

B : assets

Explanation:

As we know that

The debit columns report assets and expenditures side while revenues shareholder equity and the liabilities side are reported in the credit column.

Since we know that asset and the expenses account has a debit balance that means if they are increased so it would be recorded in the debit side and if it decreases so it would be recorded in the credit side that reflects the direct relationship.

6 0
3 years ago
What type of software operates with automaticity?
ElenaW [278]

The answer is actually D , OLTP

I hope this helps

4 0
4 years ago
Read 2 more answers
Magical Productions is a large production company that controls a major portion of the television industry's market share along
irina1246 [14]

Answer: Oligopolistic industry

Explanation:

 The oligopolistic industry is basically refers to the market structure where the various types of organizations or firms are dominated by the large industry or sellers.

The oligopolistic industry is one of the type of market where the large firms control and operate various types of functions in the industry.

According to the given question, the magical production is one of the type of large production company and it majorly control all the actions and portion of an organization. Therefore, Oligopolistic industry is the correct answer.

 Therefore, Oligopolistic industry is the correct answer.  

 

7 0
3 years ago
Using the system-dependent (passive) recovery process, which condition requires the accessing both the high and low side of the
Basile [38]
The condition that  requires the accessing both the high and low side of the system for refrigerant recovery is: <span>When the compressor does not run
In refrigeration process, a passive recovery process is a process to employ internal pressure on the compressor that is totally depended on the system of the refrigerator.</span>
5 0
3 years ago
The production of methamphetamine (meth) is a social problem in the Midwest. Iowa is considering two potential programs: Operati
Rina8888 [55]

Answer:

The answer is: C) Operation Methbust would reduce the supply of meth; Operation Say No would reduce the demand for meth.

Explanation:

Operation Methbust is about reducing the number of suppliers of methamphetamines by destroying meth labs and arresting those responsible. While Operation Say No to Meth is about reducing the demand of meth by educating possible consumers about the risks of using meth.

3 0
3 years ago
Read 2 more answers
Other questions:
  • When​ 25,000 units are​ produced, fixed costs are​ $21.00 per unit.​ therefore, when​ 20,000 units are​ produced, fixed costs wi
    10·1 answer
  • A school Principal decide to use __________ to help motivate teachers, giving them authority to select textbooks and other suppl
    13·1 answer
  • In the short run, a monopolistically competitive firm will choose an output such that:
    11·1 answer
  • The task of securing all necessary personnel, space, and financing; supervising all production and promotion efforts; fielding a
    8·1 answer
  • At times, an insignificant detail can be important to a significant event. <br> a. True<br> b. False
    7·2 answers
  • High Shore Inc. adopts a new technology purely out of social pressure. In this case, High Shore Inc. would be classified as part
    9·1 answer
  • Suppose a local company has the following balance sheet accounts:
    8·1 answer
  • Select the financial statement on which the user would most likely find the answer to the question given. (Select all that apply
    6·1 answer
  • Steve manages product design and development at a toy company. The junior managers who report to him tell him that new complemen
    11·1 answer
  • Why do you think an entrepreneur might choose to keep a business small rather than expand it?​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!