Based on the percentage change in price and the percentage change in the quantity demanded for newspapers, demand is elastic.
<h3>What is the price elasticity of demand?</h3>
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
Price elasticity of demand = 8/4 = 2
<h3>What is elastic demand?</h3>
Demand is elastic when the coefficient is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
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Answer:
c. her pounding heart when she heard she was being laid off
Explanation:
Since in the question it is mentioned that Veronica was working with Zenex industries since 8 months and she wants to talk for the promotion but she was laid off because of downsizing of the company so here the non-conditional response example is that her heart was pounding when she heard the news of laid off
Therefore the correct option is c.
Answer:
Bring together complimentary skills
Explanation:
Forming strategic alliances is an act of bring together resources in order to gain economies of scale and complimentary skills as well.
This may be particularly necessary when an organization wants to go into a new project but some required resources are in deficient.
It is all about identifying a potential partner that will be able to fill in the void , making proper research to confirm assumptions and observations and subsequently meetings and discussions.
Answer:
........500 members.........
Explanation:
.
Answer:
3. cannibalization
Explanation:
This term refers to the situation were sales or the market share of a product are reduced because another product is introduced by the same company.
