Answer:
Unit elastic
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded. Demand is unit elastic if total revenue remains the same over different prices
Hi Brucemartineau1569,
Mcdonald's organizes its marketing team to align with its <em><u /></em><u>customer segments</u>.
Answer: Value proposition
Explanation: In simple words, value proposition refers to the feature or a characteristics that is developed by innovation and adds to the value of the product in the eyes of customers.
In the given case, TBS bikes has been recently producing a bike that have some extra features apart from speed, for which they are popular in the market.
Hence we can conclude that the given case depicts value proposition.
The person who have the responsibility of approving the law
enforcement budget at the country level is the country commisioners’ court. The
principal function of the commissioners’ court are legislative and that they
are being referred to be the chief policy making in the country government and
even administrative branch.
The best plan of activity for Olaf is devised an arrangement by
1. getting a nitty-gritty information of the venture.
2. Dissecting the current assetsFinalizing a group
3. Performing venture review
4. Actualizing and keeping a nearby beware of the task turning points and due dates.