<span>Products that customers consider essentials or necessities tend to have less elasticity than products viewed as luxury or discretionary. If a customer believes he needs a certain product for survival, quality of life, or pleasure, he is more likely to stretch a bit to purchase the item if the price goes up. On the contrary, a product viewed as optional is a less likely purchase as the price increases because the customer believes he can live without it.Customer OptionsThe more options a customer has to meet a particular functional or emotional need, the more elastic a product's demand. This is why a company with a monopoly has a huge advantage. Customers don't have options and feel compelled to buy from the given provider. In highly competitive industries, price differentials are usually less among competing brands because of the ability customers have to select lower-priced alternatives. A closely related factor is the cost of switching brands. Cell phone customers often wait to change providers to avoid penalties if they are obligated to service contracts.
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<h3>What is a dividend?</h3>
A corporation may distribute a portion of its profits as a dividend to its shareholders when it experiences a profit or surplus. Any remaining funds are withdrawn and reinvested back into the company (called retained earnings). A corporation is typically not allowed to pay a dividend out of its capital; therefore, both the profit from the current year and the retained earnings from prior years are eligible for distribution. If the company has a dividend reinvestment plan, the amount can be paid via the issue of more shares or by share repurchase. Distribution to shareholders can also be made in cash (often a transfer into a bank account). The distribution may occasionally consist of assets.
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Answer: farming and agriculture
Explanation:
The americans with disabilities act requires employers of at least FIFTEEN employees to make REASONABLE adaptations to facilitate the employment of individuals protected by the act.
Iraq, mostly, but also parts of modern-day Iran, Syria and Turkey.
