I would say that Jake has made a word-of-mouth offer based on knowing Sarah so this does not depend on advertising but on direct knowledge of the interested buyer and this can be a very effective way to sell things and also with seeking contracts for consultants in the form of networking it can also be very effective.
Answer: It has impacted the environment in a negative way.
Explanation: This type of culture has negatively impacted the environment since nowadays a series of objects are created with various natural resources in order for people to use them but get rid of them once and for all. This is bad for the planet as several of these objects take time to break down and end up becoming harmful to the environment.
B would be the correct answer
Elasticity of demand measures the sensitivity of the quantity demanded to changes in price of the things demanded. If it is inelastic then it does not respond to price change much. If it is elastic then it responds to price change a lot. Hope this helps understand elasticity of demand of the economy!
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Answer:
Sole trader has independence of decision making and unlimited liability for debts which is not the case with Private limited company
Explanation:
Two possible disadvantages to a sole trader of changing to a Private limited company are as follows -
a) As a sole trader there is unlimited liability for debts while in case of private limited company the the transfer ability of shares gets restricted.
b) The sole trader is the sole decision taken while in case of private limited company the joint decision can be taken by the co owners.
