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I am Lyosha [343]
4 years ago
10

. [5 pts] A life-saving medicine without any close substitutes will tend to have a. a small elasticity of demand. b. a large ela

sticity of demand. c. a small elasticity of supply. d. a large elasticity of supply.
Business
1 answer:
Anna007 [38]4 years ago
8 0

Answer:

The correct answer is the option A: a small elasticity of demand.

Explanation:

To begin with, the concept known as<em> "price elasticity of demand"</em> refers to the relationship that shows how much the quantity demanded of a product will change when the price of it changes. And therefore that it indicates the variation that exists between the price and the quantity demanded for the product.

Secondly, when it comes to products that are highly essential to life, like water, the price elasticity of its demand will be inelastic or what is the same as small elastic due to the fact that it does not matter how much the price changes, the amount demanded by the consumers will stay due to the fact that the product is highly needed in their lives.

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The users of social media have become the product of social media.

Explanation:

The largest source of revenue for social media is advertisement, they use the pay-per-click revenue model. Another source of revenue is by offering users a basic service for free but then charging money for a more complete and advanced premium service.

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3 years ago
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4 years ago
When calculating interest accrued you should? ____
vichka [17]
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3 years ago
ScH. Corp., a pharmaceutical company, launches a new painkiller. It claims that the product provides relief within two minutes d
Gekata [30.6K]

Answer:

Deceptive advertisement.

Explanation:

Deceptive advertisement: It is a type of advertising that is meant for damaging the reputation of competitor´s ad and products by making false claim or by spreading wrong information about the rival´s product. This advertisement is also gimick the customer by misleading them in their promotional campaign. The prime purpose of these type of advertisement is to promote their product as superior and gain more sales due to wrong information spread.

In the given case, pharmaceutical company is falsely claiming that the product provides relief within two minutes due to its unique ingredients, which is deceptive advertisement.

4 0
4 years ago
The common stock of Textile Mills pays an annual dividend of $1.65 a share. The company has promised to maintain a constant divi
aleksandrvk [35]

Answer:

$13.75

Explanation:

The following information is:

Annual dividend == $1.65 per share

And, the annual return = 12%

By using these information, we can find out the paying amount for one share which is shown below:

Paying amount = (Annual dividend ÷  Annual return) × 100

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