Elasticity is one of the most basic concepts of economics. Elasticity is part of the field of microeconomics and it is crucial to know this concept, as well as its consequences. The concept of elastic and inelastic goods directly affects the pricing of companies on their products. Therefore, it is important for the investor to have a good sense of this indicator. This concept concerns how much variation in demand occurs in a variation in the price of a given product.
Elasticity can also be calculated by dividing variations by averages of quantities and final prices. People usually have a slope in the negative demand for goods. That is, people consume more when the price of a good is lower.
In the future the elasticity of demand can become something very harmful that increases values very dramatically and can take the economy to a difficult path to reverse
Since it’s a good statistical move since they can pay them less and it looks better when the company can say we hire females for publicity
Answer:
10 points
Explanation:
With the exception of personnel who have been assigned to an individual augmentee program, 10 points is the maximum number of award point are required for advancement at the E-4 and E-5 paygrades.
The key forces in the general and industry environments that affect ford’s choice of strategy is Competitive rivalry or competition.
<h3>What is Competitive Rivalry?</h3>
Competitive rivalry can be explained as how the extent of competition that can be found among existing firms can be measured.
It can be seen as the Intense rivalry which can bring about drop in profits and lead to competitive moves among the firms , hence, The key forces in the general and industry environments that affect ford’s choice of strategy is Competitive rivalry or competition.
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7 times the 24 rows would be 168
168 minus the 9 being taken away would be your answer: 159
