Explanation:
Challenge 1: Changes in how buyers buy.
Challenge 2: Competition.
Challenge 3: Need for top talent.
Challenge 4: Competing on price only.
Plz don’t report me I’m just trying to do my homework like y’all
CARICOM or the <span>Caribbean
Community and Common Market solely reason for existence is to promote the
economic integration to guarantee the benefits and shared equitably.
The mainly cause for CARICOM in producing limited improvements is because
majority of the English speaking country
illustrates the division </span><span>deep
linguistic in Caribbean </span>
Answer:
The correct answer is: price elastic; increase.
Explanation:
The price elasticity of demand for apples is 1.2.
This implies that the demand relatively prices elastic.
Elastic demand means that a proportionate change in the price of apples will cause more than proportionate change in the quantity demanded.
A decrease in the price of apples will cause its quantity demanded to increase by more than proportionate. This will cause total revenue to increase.
Answer:
A free trade area
Explanation:
A free trade area comes to existence when two or more countries sign an agreement that eliminates or reduces trade barriers among themselves. Usually, nations in the same region sign a free trade agreement that encourages economic cooperation. In a free-trade area, goods and services can move from one country to another with minimal or no government interference in terms of tariffs, embargo, quotas, or other prohibitions.
The four South American countries have formed a free trade area. They have agreed to economic cooperation that allows free flow of trade among the nations. The countries have established a trading block that will spur economic growth in each of them.
