Answer:
C) Make its demand curve more inelastic
Explanation:
A product is inelastic if the demand for it does not change a lot when price changes. For example, gasoline is a perfect example of a good with inelastic demand because customers buy gasoline even if the price rises.
A firm will always want to have inelastic products because this will assure revenue even if production costs have to be raised, and the sales price therefore increases.
Advertising can achieve that by increasing brand loyalty, product differentiation, or good perception about the product. Customers may feel that no matter how high the price is, the product is worth it.
Answer:
Reserve requirements – Reserve requirement increases to decrease the money supply or vice versa.
Open-market activities – the Fed sell the securities to reduce money supply or purchase it to increase the money supply.
Discount rates – Decrease the discount rate to increase the money supply or vice versa.
Explanation:
The Federal Reserve increases or decreases the money supply by using various tools. So in the case of the reserve requirement, the bank increases the percentage of reserve requirement if the Fed wants to decrease the money supply and to increase the money supply it reduces the reserve requirements. In the case of open market operations, the Fed sells securities and bonds in the market in order to reduce the supply of money or to decrease the supply of money it buys the securities from the market.
In the case of a discount rate, the Fed reduces the discount rate to increase the money supply because reducing the discount rate will induce the banks to give more loans. But to decrease the money supply, the Fed increases the discount rate because an increase in the discount rate reduces the ability of banks to give loans.
The answer is obsidian and jade. The obsidian are being
obtained by the Olmec in means of having to be able to contribute it for the
growth of the polities of the Maya and a way of having to gain superior items.
The jade are being used by the people in means of having to carve figures with
the use of axes.
The joining together of the self-driving car designer and a luxury automobile company can result in profit maximization.
<h3>What is profit maximization?</h3>
It should be noted that profit maximization simply means the process that's important to bring about the highest level of profit in a company.
In this case, the joining together of the self-driving car designer and a luxury automobile company can result in profit maximization and improvement in sales.
Learn more about profit maximization on:
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