Answer: Richard Nixon believe in a smaller but efficient government.
Explanation: I think because he wanted people to have power again. His goal was to empower local governments to deliver local services, but in doing so he made them even more beholden to the federal purse. Under Nixon, domestic spending grew from a little more than 10% of GDP to almost 14%.
Companies like Walmart that assert a "more for less" strategy are using value-based pricing.
What is value-based pricing?
- Value-based pricing is a method of setting prices that is mostly based on how much a consumer thinks a product or service is worth.
- Value pricing is which means that businesses set their prices in accordance with what consumers think a product is worth.
- Value-based pricing differs from "cost-plus" pricing, which computes prices after taking manufacturing costs into account.
- Companies that provide distinctive or highly desirable products or services are better positioned to benefit from the value pricing model than those that sell primarily commoditized goods.
- The value-based pricing theory primarily applies in marketplaces where owning a product improves a customer's self-image or enables unmatched life experiences.
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Answer:
D. the greater the availability of close substitutes.
Explanation:
Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.
Goods that are inelastic in demand are usually consumer-essential goods for which there are few substitution options, such as a cancer drug. On the contrary, elastic goods are those whose price variations diminish the demand for a range of substitute goods. For example, if the price of rice goes up, people may demand spaghetti, which is a substitute good.Therefore, goods with a large number of substitutes tend to have price elastic demand.
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Both the U.S. and the Russian Constitutions grant the right of free speech, but the Russian Constitution restricts the use of informal, abusive, and derogatory language to this freedom.
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- The Constitutions of both the countries, namely the United States and Russia are similar on the grounds of certain rights granted by both, but most rights granted by the United States Constitution are unrestricted as long as they do not threaten the national interest of the country.
- The Constitution of Russia applies certain restrictions on the use of rights citing that as a need to keep the integrity of the nation unharmed.
Geography affected the development of Phoenician civilization because they had a good trading location.The Phoenicians trade with other people by getting the things they want to trade in boats and then they traveled to other places and traded what was in the boat there for something else.
