Answer:
Inelastic
Explanation:
Elasticity of demand = percentage change in quantity demanded / percentage change in price
percentage change in quantity demanded =
35,000 - 40,000/40,000 = -0.125 = -12.5%
percentage change in price = $10 - $8 / $8 = 0.25 = 25%
Elasticity = -12.5%/25%= -0.5
Demand is inelastic because the elasticity of demand is a less than 1.
Elasticity of demand measures how quantity demanded changes when price change.
Demand is inelastic when a change in price has no effect on quantity demanded. Inelastic demand has a value of less than 1 .
Demand is elastic if a change in price has an effect on quantity demanded. Elastic demand has a value of more 1
Unitary elastic is when a change in price has the same proportional effect on a change in quantity demanded. Unitary elastic demand has a value of 1.
Answer:
A) He should include specific, verifiable facts.
Explanation:
Mark is a senior editor and is editing work written by Bruno.
He will want to provide an objective feedback to Bruno on his work that will not discourage him from doing his best. But also effectively state all the errors in the work that needs correction.
The best way to do this will be by including specific verifiable facts.
This will give a neutral response and maintain a good work environment.
Answer:
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Answer:
A, supplementary
Explanation:
A supplementary service can be said to be an added service to an original service package.
That is, a supplementary service can be said to be an extra service or services that is embedded in a whole service.
For example, when you go to a tech store to have your hard drive replaced, a supplementary service such as general cleaning and routine check of your computer is included in the hard drive replacement service.
The main or core service is hard drive replacement while the supplementary service includes cleaning and routine check of other computer components.
Cheers.
Answer:
The buyer would have a 12-day option to terminate the contract. Otherwise, he or she might not have any other option than to stick to the contract. (That is, the buyer will not have the unrestricted right to terminate the contract again.)
Explanation: