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inna [77]
3 years ago
8

Pablo's demand for pizza is inelastic. If the price of pizza decrease​s, we can predict that Pablo will

Business
1 answer:
kherson [118]3 years ago
4 0

Answer:

C. eat more pizza and spend less on pizza than he did before the price decrease.

Explanation:

The inelastic means that when the elasticity is less than one

Since the demand for pizza is inelastic and the price of pizza decreases that would result in an increase in the quantity demanded of pizza.

Though the price of pizza decreases, the Pablo spend less than before as the price and the quantity demanded has an inverse relationship.

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Well before the introduction of its Karma Drone, GoPro conducted a thorough environmental scan and discovered a substantial incr
riadik2000 [5.3K]

Answer:

Correct option is New product strategy

Explanation:

Environmental scanning is a process that systematically surveys and interprets relevant data to identify external opportunities and threats. An organization gathers information about the external world, its competitors and itself. The company should then respond to the information gathered by changing its strategies and plans when the need arises.

3 0
3 years ago
Read 2 more answers
Determine which of the statement(s) are correct if a petty cash account is not replenished at the end of the accounting period.
Vitek1552 [10]

If Petty Cash is not replenished at the end of the accounting period:

  • the balance sheet would show an overstated cash asset.
  • expenses would not be recorded in the period in which they were incurred.
  • the income statement would reflect a net income amount that was too high.

<h3>What happens when petty cash is not replenished?</h3><h3 />

Because the cash that was meant to go to the petty cash was not taken from the cash account, this account will have more than it should (overstated).

The expenses which were incurred and recorded in the petty cash would not be accounted for which means that the income would be overstated as these expenses were not deducted from it.

Find out more on the petty cash at brainly.com/question/17439772.

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5 0
2 years ago
Assume that a consumer has a given budget or income of $24 and that she can buy only two goods, apples or bananas. The price of
Sindrei [870]

Answer:

12 bananas or 8 apples are needed to purchased

Explanation:

The computation of the number of bananas or the apples is shown below:

Since the income is $24

And, the price of an apple and the price of banana is $3 and $2 respectively

So, the number of bananas is

= $24 ÷ $2

= 12 bananas

And, the number of apples is

= $24 ÷ 3

= 8 apples

Therefore 12 bananas or 8 apples are need to purchased

7 0
4 years ago
Singh has found that he needs increasing amounts of alcohol to have the desired effect.  In other words, Singh has developed a(n
Dima020 [189]
Singh has developed a dependency for alcohol. 
8 0
3 years ago
Determine whether the following changes or events would shift the LRAS curve to the right, to the left, or not at all. Items (6
Eddi Din [679]

Answer:

LRAS shifts right

- A large new oil field is discovered off the coast of California.

- Microhard develops new computer hardware that doubles data transmission speeds.

LRAS shifts left

- The overthrow of the government.

- The U.S. government deports a large number of illegal aliens.

- The government provides more generous unemployment benefits.

No shift in LRAS

- The price level increases.

7 0
3 years ago
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