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Answer:
the definition of a market in determining the price elasticity of demand
Explanation:
In economics, the price elasticity of demand is the measure used to determine the responsiveness and the elasticity of a quantity demanded for a good or a service to increase in the price when nothing but only the price of the product changes. It is the measure to show the demand of a product in relation to the price change of the product.
In the context, Juan Carlos is is filling up a survey regarding the demand or purchasing of toothpaste when the price of the toothpaste changes. Thus this is important to study the price elasticity of demand of a product in the market economy.
Management is the business function is responsible for making sure that organizational strategies and goals are aligned with staffing plans.
<h3>What is management?</h3>
There are five main functions of business that exist:
- Human Resources (HR)
- Finance
- Marketing
- Production
- Management
Management is the social process which is responsible for economical and effective planning and regulation of operation in any company or organization. It helps in fulfilling the purpose and goals of the company. It consists of various elements such as purchase, finance etc.
Koontz and O'Donnel gave the most important function of management which are planning, organizing. staffing, directing and controlling.
The three categories of management styles are autocratic, democratic and laissez - faire.
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<span>Parental monitoring is most likely to be effective and healthy when it is "a part of a warm, supportive relationship".
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Parental monitoring alludes to parental mindfulness, watchfulness and supervision of adolescent exercises in numerous areas (i.e., companions, school and conduct at home), and correspondence to the youthful that the parent is worried about, and mindful of, those exercises.