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vlabodo [156]
3 years ago
12

Which of the following is likely to have the most price elastic demand? Group of answer choices All three would have the same el

asticity of demand because they are all related. blue jeans clothing Tommy Hilfiger jeans
Business
1 answer:
SashulF [63]3 years ago
3 0

Answer:

Tommy Hilfiger jeans

Explanation:

The price elasticity of demand measures quantity demanded as a result of a change in price.

The smaller the price elasticity of demand, the steeper the demand curve will be through a given point.

Tommy Hilfiger jeans are likely to have the most price elastic demand as it is very expensive so the rise in its price would affect its demand.

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What is a stock exchange?
liraira [26]

Answer:

A. A place where investors can buy and sell different  investments.

Explanation:

A stock exchange is a place for the exchange of stocks in the market. In other words, it is a place where investors could 'meet' to buy or sell stocks, be it investments, company shares, or company securities.

A stock market, in simple words, is the marketplace for the buying and selling of investments, a trading place for buyers and sellers. So, a stock exchange is a transaction dealing with stocks, equities, or shares of the commercial world. And the transaction or exchange can only be done if the stock is listed on an exchange.

Thus, the correct answer is option A.

6 0
3 years ago
Read 2 more answers
In Kuehn v. Pub Zone, the intermediate appellate court whose decision is featured in the case summary ruled that the Pub Zone __
omeli [17]

Answer:

The correct word for the blank space is: did not.

Explanation:

The Kuehn v. Pub Zone is a court case where Karl Kuehn sued Maria Kerkoulas -the owner of Pub Zone bar in Union, New Jersey- because Kuehn was beaten by a motorcycle gang inside the men's bathroom of Pub Zone. Kerkoulas had knowledge of the irrational behavior of motorcycle gangs in the area though, on the day when the attack took place, the Pagan's gang surpassed security in Pub Zone yet Kerkoulas decided to attend them. Later, the gang was heading towards the back of the pub. Kerkoulas thought they were leaving but they were following Kuehn to the men's bathroom where he was seriously injured.

Kuehn sued Pub Zone and the jury awarded $300,000 in damages but the trial court judge overruled the jury's decision and Pub Zone ended up owing nothing to Kuehn. <em>The owner of a business is not the insurer of the customers and has no duty on any care of one of them until a major event occurs</em>. Then, even if Kerkoulas knew about the behavior of the motorcycle gang, she is not responsible for the care of Kuehn on the gang attacking him.

3 0
3 years ago
__________ unemployment refers to persons who purposefully quit their jobs and have not yet found a new job.
Westkost [7]
It would be frictional unemployment
6 0
3 years ago
Use the table to indicate which description characterizes economies of scale and which characterizes economies of scope.
kenny6666 [7]

Answer and Explanation:

The economics of scope refers to the total cost production cost i.e to be averaged for the various type of goods

While on the other hand, the economics of scale refers to the benefit of the cost than occurs when there is a higher production level at a time

Based on this, the classification is as follows

1, Economics of scale as the output rises that declines the LAC so automatically it goes downward

2. economics of scope

3 0
3 years ago
Bridgeport Company had the following stockholders’ equity as of January 1, 2017.Common stock, $5 par value, 18,400 shares issued
harkovskaia [24]

Answer:

b

Explanation:

4 0
4 years ago
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