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soldi70 [24.7K]
3 years ago
8

If demand for farmer​ john's maple syrup is​ inelastic, then when farmer john raises the price of maple​ syrup, his total revenu

e will
Business
1 answer:
dybincka [34]3 years ago
7 0

If demand is inelastic, this means that the amount demanded doesn't change with the increase of price. In this case, if John were to raise prices, we assume that quantity demanded would stay the same and John would make more revenue.

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Dealing with the fact that certain aspects of any management situation are more important than others is called
luda_lava [24]

Answer:

Recognition of priorities

Explanation:

Management involves planning, organizing, controlling, supervising, a group of people which could be an entire team, workers or some fractions of workers in an environment to achieve organizational goals. An entrepreneur which is among the factors of production is indeed someone who manages, supervise the other factors of production, keeping an environment in which people work and achieve the goals of production.

Management is a profession and as such skill set to recognizing when some aspects of management becomes important than others and when some goals need to be given more attention to achieving the overall organizational goals can describe as Recognition of priorities.

Recognition of priorities brings some other important aspects of management into focus leaving out the less important ones cancelled or put on hold so as to save time and maximize labor efficiency.

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3 years ago
Toothpaste manufacturers understand that consumers have different needs when it comes to toothpaste (i.e., teeth whitening, sens
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Answer:

market segmentation

Explanation:

Market segmentation -

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The needs and taste of the consumers are considered , for a particular segment , and is incorporated into the goods and services .

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3 0
3 years ago
If a company is eliminating certain models of a product and cutting back on expenditures, the product is most likely in the ____
Airida [17]
I would have to say decline
4 0
3 years ago
The focus groupis meeting on Tuesday.The policy is too old; itneeds to be revised.The management teamwants to hire new warehouse
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Answer:

The verbs in these sentences are:

1. is

2. needs

3. wants

4. buys

5. feel

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7. has

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Explanation:

Verb is a word in a sentence which describes an action of a person. It is the word which gives understanding about the task performance in a sentence. The verb can be single or multiple in a single sentence. The choice of verb is dependent on the noun. There are 4 forms of verb which are used in a sentence.

4 0
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Yuri [45]

Answer:

b. Financing activities.

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2 years ago
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