Answer:
D. estimate price elasticity of demand by experimenting with different prices.
Explanation:
Price elasticity of demand is an economic concept which is a measure of the sensitivity of customers willingness to buy something to its price. If the customers readily change their buying behavior with a change in price of the product, it would mean that the demand for the product is elastic.
When firms are introducing new products, they generally determine the best selling price by experimenting with different prices and observing the buying behavior of customers. Then the choose the price which produces the maximum amount of revenue for the firm, which entails the price of the product and number of units sold.
Answer:
Based on the information supply of cards is more elastic (price sensitive) than that of roses
Explanation:
Price elasticity of supply is defined as the sensitivity of quantity supplied to changes in price.
The formula is given below
Price elasticity of supply= Change in quantity supplied ÷ Change in price
In this scenario the demand for both roses and cards increases, however the price of roses increases more.
This implies that the denominator in the formula is higher in roses resulting in smaller price elasticity of supply.
The elasticity of supply for cards is higher than that of roses, so it is more sensitive to changes in price.
Cards can be stored from year to year so the labour for maintaining a stock of cards is low with resultant low price.
On the other hand roses require care to grow. It requires watering, application of chemicals to treat infestation and so on. So suppliers tend to push the extra cost of growing roses to the buyers
A recovery is generated in the classical/new classical part of this example when investment spending and technology <u>expand over time due to rising confidence</u><u> </u>in the private sector.
investment spending - money spent on capital goods, or goods used inside the production of capital, goods, or services. investment spending may additionally include purchases along with equipment, land, production inputs, or infrastructure.
some of the important varieties of funding are: (1) commercial enterprise constant investment, (2) Residential investment, (3) stock investment, (4) independent funding, and (5) caused investment.
Spending on new capital items is known as funding expenditure. funding falls into 4 categories: producer's durable gadget and software program, new nonresidential systems, modifications in inventories, and home systems.
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An operating system (OS) is indeed the mechanism that manages all those other application components in a computer after being installed into the system first by a boot program.
<h3>What is an Operating System?</h3>
An operating system consists of system software that regulates the hardware, software, and resources of a computer.
A group of software applications that coordinate the activities of computer systems is referred to as an "operating system." It serves as a link at the point where humans and machines interact.
Essential features for controlling devices linked to a computer are provided by operating systems. These processes include managing storage devices, processing inlet, and outlet requests, and allocating memory. A keyboard, mouse, printer, or whatever other connected device could be this one.
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Answer:
Select one:
a hyperinflation
b. disinflation
c. deflation
d. inflation
= Hyperinflation
Explanation:
Select one:
a hyperinflation
b. disinflation
c. deflation
d. inflation
= Hyperinflation
Select one:Select one:
a hyperinflation
b. disinflation
c. deflation
d. inflation
= Hyperinflation
a hyperinflationSelect one:
a hyperinflation
b. disinflation
c. deflation
d. inflation
= Hyperinflation
b. disinflation
c. deflation
d. inflation
= Hyperinflation
