Answer:
Bread
Explanation:
Inelastic demand tends to remain relatively stable despite price changes. Inelastic demand is a stable demand, or demand that is not stretching. Foodstuffs and essential goods tend to have constant demand regardless of changes in prices. People have to consume these goods no matter their costs.
Bread is foodstuff. People must eat to survive. The demand for bread and other foods stuff will remain relatively constant despite changes in prices.
Answer:
185,023,041
Explanation:
Given,
The original population of the country, P = 110 million,
Growth rate, r = 2% = 0.02,
Number of years from 2011 to 2037,
Time, t = 26 years,
Hence, the projected population would be,
The answer is yes.
Its possible for a firm to become too big to be competitive and earn profit. They can be so large and successful that they no longer compete with small businesses anymore and might inhibit the ability to continue earn their profit.
Answer:
The correct answer is letter "B": The new product should deliver a meaningful and perceivable benefit to a sizable number of people.
Explanation:
A new product is a good or service that is going to be introduced to the market to satisfy the need for a specific sector. <em>For the new product to be successful, the need that it satisfies should represent a benefit for the target audience great enough to make them pay for it</em>. Besides, the new good or service must bring a differential feature to consider it more attractive compared to competitors or similar products that might already exist.
Answer:
Current year = 204%
Prior year = 100%
Explanation:
Detailed solution is given below
