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KatRina [158]
3 years ago
13

Explain why the demand for a particular brand of apple juice is elastic.

Business
1 answer:
aniked [119]3 years ago
6 0
Elastic demand that can also be called demand elasticity refers to how responsive the demand for this brand of apple juice is by change of prices and consumer income. if they sell out a higher amount of apple juice from customers than usual, then they’d probably sell it for a higher price.
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For the past 60 years, _____ have been applied to structured tasks such as record keeping, simple clerical operations, and inven
natali 33 [55]

Answer:

<u>Transaction - processing systems</u>

<u>Explanation:</u>

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4 0
3 years ago
Assessment
Sunny_sXe [5.5K]

This should NOT be considered when  setting a current budget

Future income

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Future income can be anticipated but never factored in.

This is because the economy is not only controlled by economic policy or statistics that anticipate growth but outside influences too.

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This is because of the recent crisis that was not foreseen at all.

Thus policy making must not see the future as anything granted and must only set up goals for the present and only anticipate what would probably come in the future.

4 0
3 years ago
Suppose maria and nikki can produce ballet shoes. if maria's opportunity cost of producing ballet shoes is higher than nikki's o
luda_lava [24]

If  Maria's opportunity cost of producing shoes is higher than nikki's opportunity cost of producing shoes, then Nikki has a comparative advantage in the production of baellet shoes.

What is meant by production?

Making something out of parts or raw materials is the act of producing something. In other words, manufacturing uses inputs to create an output that is suitable for consumption—a good or product with value for a consumer or end-user.

Production is the process of combining various immaterial inputs (plans, knowledge) with material inputs to create something that is intended for consumption (output). It is the process of producing an output, a good or service that has value and enhances people's usefulness.

To learn more about production click the given link

brainly.com/question/16755022

#SPJ4

8 0
1 year ago
I’m 15 Years Old I Need A Job Changing Baby Girl Poop Diapers Do Any Of Y’all Know Where There Is A Place Where They Allow 15 Ye
scZoUnD [109]
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3 0
2 years ago
Assume the firms operating in an oligopolistic market experience a relatively small change in marginal costs. According to the k
leonid [27]

Answer:

B) Leave the equilibrium price unchanged.

Explanation:

Oligopolistic market is the arrangement where few companies offer same product to the customers. There is very less competition in the market so every supplier has fair chance for operating their business successfully. The kinked demand model curve in oligopolistic market would leave the equilibrium price unchanged.

3 0
2 years ago
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