The demand for ski rentals falls when the price of lift tickets increases. This is an example of Price Elasticity of demand.
<h3>What Is Price Elasticity Demand?</h3>
This refers to the relationship between the price of a commodity relative to the demand of that same commodity.
In other words Price elasticity of demand is a measure of how sensitive the quantity demanded is to its price.
When the price increase, quantity demanded for such product decreases. It is important to note that the fall in prices of some product is more than the others.
Learn more about Price Elasticity of Demand at brainly.com/question/5078326
#SPJ1
Answer:
That is correct this is a liability
Explanation:
That is correct this is a liability. That is because a liability refers to being legally responsible for something. In this scenario, since they paid you $200 for hair coloring then you owe the client that. Meaning that you are legally responsible to provide hair coloring services to the client and until you do that you are liable.
Answer:
false
Explanation:
thanks to expanded communications and the relaxation of many legal barriers, investors can buy securities from companies anywhere in the world.
Recently, beagle boutique was attempting to hire a middle manager. they were looking for an intelligent, active, and creative individual. Beagle used the trait approach. This is further explained below.
<h3>What is the trait approach?</h3>
Generally, An individual's attributes are used as indicators of their personality in a trait-based approach.
In conclusion, Beagle Boutique recently tried to find a middle manager. They were seeking someone who was energetic, clever, and creative. Beagle used the trait approach
Read more about The trait approach
brainly.com/question/25937970
#SPJ1