Answer:
It decreases.
Explanation:
If the absolute value of price elasticity of demand is less than one, it means that demand is inelastic.
Demand is inelastic if a change in price has little or no effect on quantity demanded.
If the pizza hut reduces its price, there would be little or no change in quantity demanded. As a result, revenue would fall.
If demand were elastic, a reduction in price would lead to an increase in the quantity of pizza demanded and revenue would increase.
Demand is elastic if a small change in price has a greater effect on the quantity demanded.
I hope my answer helps you
The best action that Helena should take first is that she
should decide that when retail stores and as well as online customers order
bikinis, she should help them in a way that they don’t have to wait more than
two weeks in regards of the order to arrive. By that, this will prevent
customers from cancelling their order.
<em><u>answer</u></em>
Procedure for Registering a Partnership Firm
Step 1: Application for Registration. An application form has to be filed to the Registrar of Firms of the State in which the firm is situated along with prescribed fees. ...
Step 2: Selection of Name of the Partnership Firm. ...
Step 3: Certificate of Registration
<span>Strategy planing includes planning and defining the strategy, goal and direction of the business and the processes. So in our case when I am a project manager for large online retailer and make plan for new arm of the business, strategic planning would involve answering the question: What do we (the business) do and what are our goals, what should we achieve?
</span>Tactical planning<span> is short range planning that defines what every part of the business should do. In this case for example, what are the goals of the marketing team, the billing team, the sales team...
</span>Operational planning includes defining<span> milestones and conditions for success and how the new arm of the business would be put in operation.</span>
The technical challenges that the project has to face are typically at their lowest during the termination phase.
In technical communication, a technical definition is one that describes or explains technical terminology. The language that makes communication in a certain field clear and concise is introduced using technical definitions. For instance, the upper ridge of the hip bone is referred to in medical parlance as the iliac crest.
Three primary categories of technical definitions exist.
Learn more about technical here:
brainly.com/question/27747607
#SPJ4