Yes it does. Unemployment is when a person isn't currently hired at a work pleace. If people are unemployed they are making no income so less people are in need of products so it lowers the demand.
Answer:
This guy is Steven Cree. Steven Cree is an Scottish film and theater actor. Cree began his career in 2001 by playing a guest starring role in a comedy series. In 2009. he moved on from television screen to feature in film roles and played many characters in different films such as Antonio Vivialdi in Condor Pictures' Vivaldi. Apart from television and films, Steven Cree is also known for his exceptional work in theater.
Answer:
<u>Annual rate of return which will be earned from today is 5.89%</u>
Explanation:
FV = PV (1+r)^n
r is int Rate per anum abd n is balance period
10000 = 6700 ( 1 + r)^n
10000 = 6700 ( 1 + r)^7
( 1 + r)^7 = 10000 / 6700
= 1.4925
1+r = 1.4925^(1/7)
= 1.0589
r = 1.0589- 1
= 0.0589 i.e 5.89%
Answer:
The correct answer is the option C: there are many substitute goods available for a product, and they have a long time horizon to adjust their consumption.
Explanation:
To begin with, the concept known as <em>''price-responsive'' </em>in the marketing field and in the business world refers to the ability by the consumers to adjust their consumption behavior regarding the prices that are being charged by the company in order to control the use of the good itself and therefore to avoid paying high prices. Moreover, it is understood that in this theory scheme the consumers are adaptative to the services price changes that the company tends to do.
