Consumer income has no correlation with the equilibrium price of a product. Thus the price will c. Not change
Explanation:
When the consumer income increases, they will be able to buy a product more if they require it and if they do not require it they are able to spend that money or save it up as they please to.
As equilibrium price of a product is completely dependent upon supply and demand correlation.
The income of the consumer has little to do with it unless a relation between increased income and increased demand is established, there is little evidence to show that there will be a fluctuation in the prices of the grass seed in this case.
Answer:
demand will be low
Explanation:
According to my research on different pricing strategies, I can say that based on the information provided within the question demand will be low. Since they will be charging high amounts the demand will be lower because only a select few amount of people will be able to afford it. Usually their consumer base will be made up of enthusiasts and loyal customers that have supported the brand for years and have a good economic standing. Demand will slowly rise as competition sets in and prices decrease.
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Answer: Green-washing
Explanation:
The green-washing is one of the process in which the company or any organization are misguiding the data or information about their products and the services that they are more environment friendly.
The green washing concept also creating the false belief in which they deceptive the claim that the company are providing the various types of technology and products which are beneficial for the environment.
According to the given question, the Bethnik Blue is one of the high quality manufacturer company that implementing the green washing concept for selling their products and the services in the market.
Therefore, Green washing is the correct answer.
Answer:
Lease
Explanation:
A company is just getting started and needs new equipment but does not have a large amount of cash since the company business will also require frequent updating of the equipment it is better to lease the equipment.
My best advice to give Elon is to be patient because the teams are in the storming stage.
<h3>
What is a storming stage?</h3>
A storming stage is characterized by employee starting to push against the established boundaries which could led to Conflict
Because the team are in storming stage, the manager need to give them time to reach the norming and performing stages.
In conclusion, my personal best advice is to Elon is to be patient because the teams are in the storming stage
Read more about storming stage
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