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Free_Kalibri [48]
3 years ago
6

If the absolute value of the price elasticity of demand for a good is .75, the demand for that good is described asa. normal.b.

elastic.c. inferior.d. inelastic.
Business
1 answer:
Schach [20]3 years ago
3 0

Answer: Option (d) is correct.

Explanation:

Inelastic demand : The goods with the price elasticity of demand less than 1 are referred as a inelastic good.

When the percentage in quantity demanded is less than the percentage change in price, then the demand for that commodity is called as less elastic or inelastic.

It is generally represented by a steeper demand curve.

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Political, economic, social and technological
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Answer:

Increasing government spending in the form of infrastructure and  welfare

Explanation:

In order to reduce the national debt, the government need to take a conscious measure to use the government budget as little as possible.

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3 years ago
In order to open a car wash, Aamina decides to obtain funds through debt financing. which if the following ways can she pursue t
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Answer:

d. through bonds

Explanation:

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Bronson has shopped at several toy stores. However, he really likes The Toy Corner because of the broad assortment offered for d
Bezzdna [24]

Answer:

C is the answer.    The service provided at Toy Corner exceeds customer expectations.

Explanation:

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But, when it ensures the home-delivery of goods that are not available at its store to customers who have placed orders, then it can be said to be exceeding the expectations of its customers.

This is moreso, when such home-delivered goods are sold to customers at discounted prices.  This shows that the store not only cares for its customers, it surely does not want the customers to leave its store to buy goods from others.  This ensures customer loyalty and continued patronage.

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