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geniusboy [140]
3 years ago
15

When price decreases, quantity increases. Price elasticity of demand measures how much ________.a. The price decreasesb. The pri

ce increasesc. The price decreases when quantity increasesd. The quantity increases when price decreases
Business
1 answer:
erastova [34]3 years ago
6 0

Answer:  

Price elasticity of demand measures how much the quantity increases when price decreases.

Explanation:

Price elasticity is the percentage change in the quantity demanded, divided by the percentage change in the price.

If the percentage in the change in the quantity demanded is bigger than the percentage in the change of the price we talk about elastic demand.

If the percentage in the change in the quantity demanded is smaller than the percentage in the change of the price we talk about inelastic demand.

And if he percentage in the change in the quantity demanded is excatly the same than the percentage in the change of the price we talk about unit elastic demand.

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Which of the following companies is most likely to have a negative Cash Conversion Cycle?
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Answer:

a) A discount retailer

Explanation:

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GenBrands, a foreign maker of washing machine tubs and pumps, sells its parts to several washing machine manufacturers in the Un
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This is called private branding (or private labeling)

For better understanding, we have to understand what the term private branding (or private labeling) means

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  • A brand  is often regarded as the name,design etc that set apart an organization or product from other companies (mostly its rivals) in the eyes of the customer.

From the above, we can therefore say that the answer that this is called private branding (or private labeling) is correct

Learn more about private branding (or private labeling) from:

brainly.com/question/17372249

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