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faltersainse [42]
3 years ago
13

Nita is a devoted Coca-Cola consumer, whereas Becky can drink either Coca-Cola or Pepsi products. Nita’s demand for Coca-Cola wi

ll be relatively more ________, while Becky’s demand will be relatively more ________.
Business
1 answer:
mafiozo [28]3 years ago
5 0

Answer:

The answer is:

Inelastic

Elastic

Explanation:

Nita’s demand for Coca-Cola will be relatively more inelastic i.e his demand will not be sensitive to price. Increasing the price of Coca-cola will not make Nita to change its taste because he is a devoted Coca-Cola consumer.

Becky’s demand will be relatively more elastic because he has an option to choose between Pepsi and Coca-cola.

Any increase in price of Coca-cola will make Becky to shift to Pepsi.

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The High Towers Center is a 300-room hotel that was built ten years ago for a total project cost of $24,000,000. The market valu
joja [24]

Answer:

a. $80

Explanation:

investment made                                         $24,000,000

Return required at $1 per 1,000                   $24,000

Number of rooms                                           300

Room rent should be = $24,000 / 300

                                    = $80

Therefore, The price of a room night be at the High Towers Center should be $80.

4 0
3 years ago
Groups are select one:
sergij07 [2.7K]
This is a logical question m8 the answers A
5 0
3 years ago
How are maquiladoras similar to sweatshops? I. Workers are paid very low wages in both systems. II. Both are prevalent in underd
Anna007 [38]

Answer:

D.) I. and II

I. Workers are paid very low wages in both systems.

II. Both are prevalent in underdeveloped nations.

Explanation:

maquiladora can be regarded as mode of manufacturing that is associated to countries such as Mexico, which is been at up by a foreign company, and it involves export of the manufactured goods out of that country to the origin country of the company. There are some benefits for the factory such as

duty-free as well as tariff-free imports of raw materials. sweatshop can be regarded as sweat factory, it is a crowded workplace that has socially unacceptable as well as

very poor and illegal working conditions. Employees in sweatshops usually have work long hours and petty pay.

It should be noted that maquiladoras similar to sweatshops in ways such was ;

✓Workers are paid very low wages in both systems.

✓Both are prevalent in underdeveloped nations.

8 0
3 years ago
A company produces 100 cars in the year 2017 but only manages to sell 90 of the cars. In the year 2018 they sell the 10 cars tha
forsale [732]

Answer:

The question has below options:

A. The unsold cars count as inventory investment for 2017. 2018 GDP is not affected.

B.The unsold cars count as consumption spending in 2018.

C. The unsold cars count in the inventory investment category for both years and count as consumption spending in 2018.

Option B is the correct answer

Explanation:

The unsold stock of 10 cars in 2017 is classified as investment  since  the cost of producing them is expected to yield returns in 2018 when they have been sold.

However, the unsold stock of 2017 becomes 2018 consumption of GDP since it relates to household expenditure in 2018, as a result it is accorded such classification.

It cannot be classified as government expenditure as the government is not the one purchasing the vehicle

Also, the ten cars have nothing to do with import or export as they are trade within the domestic economy

7 0
3 years ago
Brea is looking for an insurance policy for her car. Her friend, Justin, who is an attorney, just told her that the policy is a
Tatiana [17]

Answer:

answer is b

Explanation:

3 0
2 years ago
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