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Alecsey [184]
3 years ago
5

Suppose one rental car company raises its prices and the rival car companies leave their prices unchanged. But when another rent

al car company lowers its prices, the other companies match the price decrease.
This situation is an example of ______.
Business
1 answer:
Karo-lina-s [1.5K]3 years ago
7 0

Answer:

This situation is an example of cross Price elasticity of Demand

Explanation:

If change in Price in Rental Company A doesn't necessitate change in prices in Rental companies B.C.D.E & F

Then the products A has on offer are not close substitutes to the rival companies

However where Rental company G lowers his price and it immediately triggers a Price reduction in Companies B to F, then obviously they offer similar products that are close substitutes and serve similar segment or channel of the Market Size. Thus failure to lower their Price will automatically see Customers rent cars more from Company G.

This situation is an example of cross Price elasticity of Demand

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If you have 4.00 gg of H2, how many grams of NH3 can be produced?
n200080 [17]

Answer:

22.49 g of NH3

Explanation:

The balanced equation for this would be:

3H₂+N₂ → 2NH₃

So let's take note of this:

We will need 3 moles of H₂ to produce 2 moles of NH₃.

Now let us convert:

First we determine the molar mass of H2:

Element:

     number of atoms   x     molar mass

H   =          2                 x       1.01 g/mol = 2.02 g/mol

Let's see how many moles of H2 there are in 4.00g

4.00 g\times \dfrac{1\;mole\;of\;H_2}{2.02g} = 1.98\;moles\;of\;H_2

Now we can see how many moles of NH₃ we can make given the ratio and convert it again to grams by getting the molar mass of NH₃:

1.98\;moles\;of\;H_2\times\dfrac{2\;moles\;of\;NH_3}{3\;moles\;of\;H_2} = 1.32\;moles\;of\;NH_3

This means that with 1.98 moles of H₂, we produce 1.32 moles of NH₃

So let's get the molar mass of NH₃ so we can convert it to grams:

N      =   1 x 14.01 = 14.01

H      =  3 x 1.01   = 3.03

                             17.04g/mol

1.32\;moles\;of\;NH_3\times\dfrac{17.04g\;of\;NH_3}{1\;mole\;of\;NH_3} = 22.49g\;of\;NH_3

4 0
3 years ago
Public relations personnel are constantly using the Web and social networks to communicate information about their employers and
Ratling [72]

Answer: Internet transparency

Explanation:

Internet or network transparency is defined as the process where a protocol transmits data transparently or invisibly to those who are using the applications that the protocol uses. This allows the person to access the information no matter where they are. An example is when people access files in the clouds, regardless of where they are, they can access the information.

 

Internet transparency allows the person not to have to worry about the location of the protocol, that is, they do not have to worry about which machine they are on, but can access it through another computer.

8 0
3 years ago
Funeral services, encyclopedias, fire extinguishers and reference books fall into this product classification: A. Homogeneous Pr
alina1380 [7]

Answer: Unsought products.

Explanation:

Unsought products are products that consumers rarely purchase, either due to lack of awareness about the product or lack of regular usage of those products. The unsought products includes; encyclopedias, cemetery space, reference books etc.

6 0
4 years ago
Critically analyze the difference and points of convergence between floor inspection and functional inspection
r-ruslan [8.4K]

Answer:

Please refer to the below;

Explanation:

Difference between Floor inspection and Functional inspection.

• Floor inspection is usually conducted in a production environment. It involves checking of materials while processing in the machine by inspectors. Rather than checking the materials in the machine at the beginning of production, floor inspection checks the materials while in process inorder to ensure that the defected ones are quickly detected and expunged. It also ensure that the equipments used in processing are properly functioning.

• Functional inspection is an inspection that checks the overall function of a product rather than what makes up the component parts. For instance the load capacity and speed of a vehicle can be checked for optimal performance whereas individual parts that make up the vehicle are not checked, yet bring out satisfactory performance when combined together. This form of inspection is concerned with verification of final output and does not provide details about different sections instead provides a wider understanding of comfort that emanate from inspecting same item.

Points of Convergence between Floor inspection and Functional inspection.

• The key objective of both floor and functional inspection is quality output having reviewed and examined their expectations.

• Both floor and functional inspection work to prevent defective product from flowing down the successive operations and avoid loss to the company

• Both floor and functional inspection aim at meeting customers requirements, wants and needs.

4 0
4 years ago
5. What is the purpose of a consumer cooperative?
Neko [114]
I think the answer is d
7 0
3 years ago
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