If the price elasticity of demand for Mountain Dew is 4.4 then "mountain dew has a high price elasticity of demand".
<u>Answer:</u> Option D
<u>Explanation:</u>
In economics "Price elasticity of demand" (PED) is a metric required to illustrate the flexibility or elasticity of a product or service's required quantity to increase its value when nothing but the value of product vary. When mountain dew have price elasticity of demand is 4.4 this follows that a price increase of 10 percent would result in the quantity needed decline by 44%
as illustrated below:
4.4 = (% quantity change) / (% price change)
4.4 = x / 10
x = -4.4 (10) = -44% here negative sign shows decline in quantity required.
Answer:
there is a bigger money pool and became popular
A Fair Market Wage (Salary) Assessment
This is a process where all of the tasks for the job are assessed and compared to what similar jobs in the market pay.
The process in which information flows in two directions with the receiver providing feedback and the sender is receptive to the feedback is referred to as communication.
<h2>Answer</h2>
Shifts outwards
<h3>Explanation</h3>
An outward shift in the economy's production possibilities curve reflects that a capital formation has been achieved or the economy has benefited from technological advancement. This results in increased resources available within the economy and hence positively impact the supply curve of the company allowing the aggregate supply to either elongate or shift outward, later of the option has higher probability to occur.
