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.
The choice of <u>dedicating all the available resources to the production of only bagels</u> presents the lowest opportunity cost.
The expected profit per unit is the only data provided about the production process in the pastry shop. Therefore, those the two figures provided already contain information about the production costs of donuts and bagels, the market prices and the sold quantities, in order to deduce the profit that each product would generate.
In this situation, as the bagels make a higher profit per unit, the best option for the company would be chosing to dedicate all its resources to the production of bagels, because if not, when selling a donut the opportunity cost per unit of product would be 0.25, plus the things that the company will not be able to purchase that would have been possible if they had those extra 0.25 per unit.
Answer:
5 people
Explanation:
Ivan Steiner who is a psychologist stressed about Team productivity.
Team productivity can be regarded as a measure of activities which is been carried out for quality output during in a particular amount of time. It entails setting up satisfaction of team members as well as providing all the necessary tools that is needed to perform the tasks with great efficiency.
It should be noted that the According to psychologist Ivan Steiner, team productivity peaks at about 5 people team members. People become less motivated and group coordination becomes more difficult after that size
Answer:
C. President Thomas Jefferson's administration.
Explanation:
The Federalist Party, founded by Alexander Hamilton, and the Democratic Party, founded by Thomas Jefferson and James Madison before the election of 1796.
The features that can not influence storm is : Longitude
- Wind Belts will influence storm because it could determine the wind pathway.
- Landform will influence the storm because a land structure could alter a wind's movement
- Eleveation influence stormm because it affected the air pressure, which also could determine the wind movement<span />
