Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
Answer:
The $16,060 should be recorded as the land improvements cost
Explanation:
For computing the land improvements cost, we considered the following cost which is shown below:
1. Fencing cost
2. Install lighting and signage cost
So, the land improvement cost would be equal to
= Fencing cost + Install lighting and signage cost
= 2,000 + $14,060
= $16,060
The acquisition of land, survey legal fees, land clearing is not part of land improvements. So, it is not considered.
Hence, the $16,060 should be recorded as the land improvements cost
The buffers supplied to non-critical paths in critical chain project management are called Feeder buffers
A time buffer known as the project buffer is added at the conclusion of the critical chain to safeguard the entire project timeline. Its size can be determined by taking the square root of the total of the squared differences between the estimated task length at the beginning and the estimated task duration after it has been reduced.
Buffer Feeding The feeding buffer is a time buffer that is situated at the conclusion of a list of duties that come before the critical chain. Similar to how the project buffer size is determined, so is its size.
Buffering Resources Different from the earlier buffers is the resource buffer. It is not a time buffer, to begin with. It is a marker that is frequently placed on the critical chain to notify a resource that it is required.
Learn more about buffer here
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Answer:
equity
Explanation:
In marketing, brand equity refers to the value that consumers assign to a specific brand. Brand equity is not something that a company can determine, it depends on the consumers' expectations, perceptions and past experiences with the brand.
Brands that have a positive brand equity, like Mercedes Benz or BMW, can actually charge a higher price for their products because consumers will accept the higher price and associate it with the brand.
The answer is C. Stratified random sampling is a method of sampling that involves the division of a population into smaller sub-groups known as strata. In stratified random sampling or stratification, the strata are formed based on members' shared attributes or characteristics such as income or educational attainment. Since the students are divided into classes, this is a stratified random sample.