The best explanation of how the principle of demand and supply has affected the price of the record player is:
- Because there are several vending booths in the same area selling the same item, there would be a reduction in price to attract more customers.
<h3>What is Demand?</h3>
This refers to the quantity of goods which are requested by consumers at a particular time period which has an effect in the price of the good.
With this in mind, the principle of demand and supply was in effect as in the flea market, there was a reduction in price of an old record player because there was a lot of the goods in a location.
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A Rollback Plan is not being created before the change board approves a change. Hence option A is appropriate.
<h3>
What is the Rollback Plan?</h3>
A rollback plan is a type of recovery strategy that seeks to restore the system to its most recent stable condition. It could be a configuration file reload or a tape restore. The rollback plan serves as an emergency exit strategy to restart the system before the allotted length of time has passed.
A rollback strategy outlines how to actually implement your modification in production and ensure that it functions as planned. Since you'll spend time pondering what must be accomplished in order to succeed, the deployment plan creation process is frequently more beneficial than the plan itself.
Hence, option A is correct.
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Answer:
C) management believes earnings growth will be strong going forward.
Explanation:
Dividend is the percentage of income that the corporation aims to allocate to the company's shareholders. When there is an rise in dividend it means that the company will have good results for the future. The rise in the dividend is a prediction of future profitability for the firm.
Plus it would be distributed to the preferred shareholders and the equity shareholders and the preference is given first to preferred shareholders
The right answer for the question that is being asked and shown above is that: "b. benefits." Fern agrees to sell her guitar for $30 because she expects to gain more than she benefits from this sale.
The daily price elasticity of supply is 0.1.
<h3>
What is the price elasticity of supply?</h3>
Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.
Price elasticity of supply = percentage change in quantity supplied / percentage change in price
Percentage change in quantity supplied = (210,000 / 200,000) - 1 = 5%
Percentage change in price = ($7.50 / $5) - 1 = 50%
Price elasticity of supply = 5%/50% = 0.1
Please find attached the required table. To learn more about price elasticity, please check: brainly.com/question/18850846
