1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dahasolnce [82]
3 years ago
12

The price elasticity of demand measures the: A. responsiveness of quantity demanded to a change in quantity supplied. B. respons

iveness of quantity demanded to a change in price. C. responsiveness of price to a change in quantity demanded. D. responsiveness of quantity demanded to a change in income.
Business
1 answer:
pickupchik [31]3 years ago
6 0

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

The price elasticity of demand determines the flexibility of the volume needed to adjust the price.

The demand of an individual or market becomes inelastic if it will not adjust much to increasing prices, and it is elastic for an individual or market if the demand of a particular commodity will shift a lot as prices shift.

You might be interested in
What is 9 and 5/6 minus 3 and 3/6​
lawyer [7]

Answer:

9\frac{5}{6} - 3\frac{3}{6} = \frac{38}{6}

Explanation:

Since this is an example of mixed whole numbers and fractions, this are mixed fractions.

Since the denominator is the same (6), we are just going to create a proper fraction out of these mixed fractions by multiplying the denominator with the whole number and adding the numerator. Then, the result becomes the new numerator, while the denominator remains the same.

Therefore, we have:

9\frac{5}{6}  = \frac{59}{6}

3\frac{3}{6} = \frac{21}{6}

So when we subtract these two, we get \frac{38}{6}.

7 0
3 years ago
Read 2 more answers
Which of the following practices are not considered essential for a comprehensive JIT implementation: Uniform production (also k
bogdanovich [222]

Answer:

False ( "Large lot sizes" is not considered essential for JIT )

Explanation:

Just in time is an arrangement and alignment of raw material supply with the production process of the business. It minimizes the holding cost, lead time required for delivery of raw material, the setup times and sizes of orders.

The Large lot sizes is not a characteristics of JIT because it may requires the storage facility to place the large orders until used in production which might increase the holding cost.

So, Large Lot Sizes are not considered essential for a comprehensive JIT implementation.

4 0
4 years ago
Which of the following statements are TRUE about credit scores?
Andreas93 [3]
I agree with the person above - the correct answer as to which statements are true about credit scores is C. both A and B, which means that c<span>redit scores indeed do reflect how likely individuals are to repay their debts and o</span><span>nly the credit bureaus know exactly how credit scores are calculated.</span>
3 0
3 years ago
Read 2 more answers
How could jim get the views of employees who may have left the company due to perceptions of discrimination or unequal treatment
photoshop1234 [79]

Jim could get the views of employees who may have left the company due to perceptions of discrimination or unequal treatment by contacting them. For contacting the employees who have left the company due to perceptions of discrimination or unequal treatment Jim should first find out details of those people like phone number and email address.

After finding out the details, he should contact them and ask what is their reason to leave the company and if they feel discrimination or unequal treatment practice in company and if yes why they feel so. If they give confirmation regarding the same then Jim should talk to the current employees and find out how it happen and who practices this in firm.

After knowing the issue Jim should take appropriate steps to discard this practice from the organization.

Read more about organization on brainly:-

brainly.com/question/15628242

#SPJ4

4 0
2 years ago
What is the importance of having a good management​
skad [1K]

Answer:

Employees need to know what is expected of them; having clear expectations helps employees do their job well. A good manager will convey his expectations and make sure employees understand them. He also will make himself available to employees, so they can have the opportunity to clarify any confusion they may have.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Rayya Co. purchases a machine for $159,600 on January 1, 2019. Straight-line depreciation is taken each year for four years assu
    14·1 answer
  • According to ian wolfman, "brands that thrive will be those, like pizza hut, that can efficiently build sustainable relationship
    8·1 answer
  • The following events occurred for Favata Company: Received $16,000 cash from owners and issued stock to them. Borrowed $13,000 c
    6·1 answer
  • Determining the class standing (1st, 2nd, and so on) for the graduating seniors at a high school would involve measurement on a(
    9·1 answer
  • What can you do to help make your credit score strong?
    12·1 answer
  • The cost of direct materials transferred into the Bottling Department of Mountain Springs Water Company is $538,900. The convers
    12·1 answer
  • Classify the following item as belonging in the revenue, expenditure, human resources/payroll, production, or financing cycle:
    12·1 answer
  • Jasper Company provided the following information for last year:
    6·1 answer
  • On January 1, 2021, Vacation Destinations issues $35 million of bonds that pay interest semiannually on June 30 and December 31.
    15·1 answer
  • In 2007, the Federal Reserve began buying greater quantities of Treasury bonds than usual. What was the intent of this decision
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!