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vlabodo [156]
3 years ago
8

All of the following are determinants of demand elasticity EXCEPT a. whether the purchase of the product can be delayed b. wheth

er there are adequate substitutes for the product. c. whether the purchase of the product requires a large portion of income. d. whether the product has utility.
Business
1 answer:
yKpoI14uk [10]3 years ago
3 0

Answer:

The correct answer is option d. whether the product has utility.

Explanation:

The demand elasticity is a concept that explains the elasticity of the consumer in terms of buying a product while its price rises.

All of the factors given in the question are a part of this concept except whether the product has utility.

The reason is that when a consumer buys something, the utility of that desire is not measured. If people have a high demand elasticity, they would buy the most priciest of things which have no utility  as such.

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Do you think there are different ethical standers for healthcare app and gaming app
alina1380 [7]

Yes, definitely.

Gaming doesn't really have many standards besides possibly something involving gambling. Healthcare is responsible for people's health as well as their health data. It should be all about the user <em>for</em> the user. They have a huge responsibility. This goes for mental health (MHapps), contract tracing, etc.

4 0
2 years ago
In your role as production planner, you have experienced too many stock outs on one particular item. This item has 348 pints of
oee [108]

Answer:

:( I don't know

Explanation:

8 0
3 years ago
Ross White's machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughout the
soldier1979 [14.2K]
B

reason for my answer
3 0
3 years ago
Which of the following is an example of an illiquid asset?
denis23 [38]

Answer:

The correct answer would be B, Money in a checking account.

Explanation:

Liquid assets are one in the category of assets that are ready to be converted into cash. Cash held by a company is the considered the liquid asset of the company. Or any assets which can be converted into cash without losing so much of its value is called a liquid asset. For example if a company holds gold bars as one of the assets, then this would be considered as the liquid asset because gold can easily be converted into cash in case of need. Account Receivables, Gold, deposits receipts, securities, bonds, etc are considered to be the liquid assets of the company after Cash.

5 0
3 years ago
How do people become successful as a real estate developer?​
Roman55 [17]

Hello there!

A real estate developer job is to get houses to sell them, get land to build houses and sell them, and get previous owned houses and sell them. They pretty much get property and sell it. As a real estate developer, the main goal that someone should have is to <u>make more money than they paid for the property</u>. This means that they would need to be making profit in order to really see a progress in income.

Let's give you an example when a real estate developer buys a house:

Johan, a real estate developer, bought a house $275,000. He then goes on a website and advertises the house for $285,000.

What Johan is trying to do here is make profit form the house he just purchased, since the extra money he will be getting if the house is sold will be a surplus to the original amount.

Let's give you an example when a real estate developer buys land:

Susan buys 1 acre of land for $1.2 million, she then has a construction crew build a house, and that costed her $750,000.

At the end of the day, Susan spent $1.95 million (1,950,000) on the house in total.

She then sells the house on a website for $2.5 million (2,500,000).

This means that Susan made a surplus of $550,000 from the price she originally payed for.

It's best when a real estate developer sells property for more than what they payed for, so they would be making profit (extra money). It's bad when a real estate developer tries to sell a house for lower than they originally payed for, then they would be losing money. That's why when there is a specific price for a house, a real estate developer usually doesn't want to drop the price of the house any cheaper; they want to stick with their price so they could make money.

A real estate developer could also start their own company, and make more profit if they stick to the trick of selling the property for more than what they paid for. If they stick to the trick, then they would be making even more money since they would have multiple people in a company doing it all at once, in different places too.

4 0
3 years ago
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