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nikdorinn [45]
3 years ago
7

The demand for emeralds tends to be very elastic. This is because emeralds are more of a _____________. It also means that a 33%

off sale on emerald necklaces would bring about _________________ in the total revenue of the emerald necklace supplier.A) luxury item, a decreaseB) necessity, an increaseC) luxury item, an increaseD) luxury item, no changeE) necessity, no change
Business
1 answer:
Natalka [10]3 years ago
8 0

Answer:

C) luxury item, an increase

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.

An elastic demand means a small change in price leads to a greater change in quantity demanded.

A luxury good is a good that isn't a necessity. They are usually bought as a status symbol.

Luxury goods usually have elastic demands.

Emeralds are luxury goods and if there's a fall in price of emeralds the quantity demanded of emeralds would rise.

I hope my answer helps you

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Answer:

b) The price of the product or service being offered

Explanation:

Value proposition is a clear and concise statement from a company or producer of goods and services to its  potential customers on the values that buyers of a product or service will get from the use of such products.

There are basically three elements of a good value proposition

1. The company must identify the target audience or market who are to receive the value being created.

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3 years ago
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: S
Y_Kistochka [10]

Answer:

Product cost= $75

Explanation:

Giving the following information:

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The sustainable growth rate of a firm is best described as the _____ growth rate achievable _____.
galben [10]

The sustainable growth rate of a firm is best described as the Minimum growth rate achievable assuming a 100percent-person retention ratio.

This is further explained below.

<h3>What is a sustainable growth rate?</h3>

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The lowest rate of growth can be achieved by the company while keeping the equity multiplier unchanged.

Read more about the sustainable growth rate

brainly.com/question/5452967

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1 year ago
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a simple example of this could be misjudging the value of real estate, and selling houses, land and other infrastructure for either much more or much less than you should

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Nonamiya [84]

Answer:

B

Explanation:

4 0
3 years ago
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