Answer:
Increase the price of the software
Explanation:
Price elasticity is measured as the dynamic between the demand in amount of a certain product and the price. If there is a high demand and the number of products are being sold at a lower price total revenues will be high. If the number of products sold are low, naturally, total revenue will be be low. In order to increase revenue and an attempt to increase profit as well the seller should increase the price of the software.
Yes, this makes Mexican workers more cost-effective than U.S. workers, keeping other things constant.
<u>Explanation:</u>
Minimum wage is the amount of money that an employee will get from his employer for working for an hour. This adds up to the total cost of the goods produced by the workers.
If the minimum wage of the workers in Mexico is less than the minimum wage received by the workers in the United States, it means that they are more cost effective and will lead to the production of the goods at a cheaper rate, keeping other things constant in the production process.
Hey there,
Your question states: <span>This Mountain is the highest point in Africa and is located in Tanzania (on the Eastern side of Africa)
Based on my information, your correct answer to this question would be </span><span>Mt. Kilimanjaro. That is the following location.
Hope this helps.
~Jurgen</span>
They outline a guide to the life of the followers of their religions
In "the rockpile" by James Baldwin, the rockpile is both a setting and a symbol. What represents the rockpile is that it tags with freedom and danger that comes along with a price that must be paid. The rockpile is a foundation that keeps many people safe but also dangerous if tampered.
