Answer:
Infinity
Explanation:
In economics, we say that demand is perfectly elastic when the Price elasticity of demand coefficient is equal to infinity. This is because in the scenario that demand is perfectly elastic, it means that the buyers will only buy at just one price.
Thus, the price elasticity demand for alfalfa will be infinity.
Answer:
C) Data scientist.
Explanation:
Data science is the use of various methods such as algorithms, scientific methods, and systems to get insights and knowledge from structured and unstructured data.
Angelica in helping business clients identify, organize, and analyze data from social media sources, internal CRM databases, commercial entity sources, and government sources is taking a data scientist's role.
Answer:
the same
Explanation:
it doesn't matter what was the original price elasticity of demand that the economist calculated in the first place, but if he/she changes the metrics, it wouldn't change the answer at all.
Price elasticity of demand measures the percentage change in the quantity demanded of the product over the percentage change in the price of the product.
The percentage change is measured in %, not in dollars, gallons, quarts, pints, tons, inches, etc.
Answer:
The total cost of fabric purchases is $1,949,400
Explanation:
Numbere of units produced 19000
RM required per unit 12
Total RM needs 228000
Add: Ending inventory of RM 11400
Total needs 239400
Less: Beginning inventory of RM 22800
Budgeted Purchase units 216600
Price per unit 9
Budgeted Purhase in $1949400
Therefore, The total cost of fabric purchases is $1,949,400
I just took the test the answer is ,
- C : teams will reduce tensions between workers
