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Ede4ka [16]
3 years ago
10

If the percentage increase in the quantity supplied equals the percentage increase in the price, the supply:

Business
1 answer:
Nadya [2.5K]3 years ago
8 0

Answer: is unit elastic

Explanation:

If the percentage increase in the quantity supplied equals the percentage increase in the price, the supply will be said to be unit elastic.

In the unit elastic supply, it should be noted that supply responds perfectly to the changes in price. This simply means that there'll be an equal change between the price change and the quantity that is supplied.

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According to the "Marketing and Selling Travel: The customer," people travel for business, for meetings, conventions, and semina
kenny6666 [7]

Answer:

MICE; GIT; FIT

Explanation:

Meetings, Incentives, Conferencing & Exhibitions.

The MICE market refers to a specialized niche of group tourism dedicated to planning, booking, and facilitating conferences, seminars, and other events, which is a big moneymaker in the travel industry.

Group Inclusive Tour

It is a travel program with a special fare and specific requirements usually a minimum number of persons often more than 5 persons traveling as a group throughout the tour.

Foreign Independent Tour

Though somewhat of a misnomer, an FIT is any customized independent tour arranged by a travel agent.

3 0
3 years ago
Define the term hidden job market. then list three strategies
Darya [45]
The term Hidden Job Market refers to the jobs that are not posted online or published or advertised in newspapers or elsewhere. The chances of getting jobs through hidden job markets is more than through regular channels. In this case, the employers do not like to disclose the job details and choose to hire internally.

Three strategies to seek jobs in a Hidden Job Market are as follows:
1. Change your resume according to the needs of a job by doing extensive research about the industry where applying.
2. Try to follow the news related to that industry online on social media and attend job seminars organized by companies.
3. Try to keep in contact with your references and update them regarding any skills that you learned or developed in recent months.
3 0
3 years ago
You are a member of the marketing team at the dannon company, inc. the company makes a variety of yogurt products including one
elena55 [62]
The correct option is this: WHEN YOU CREATE A RE CLOSABLE PLASTIC PACKAGE THAT BUYERS CAN USE FOR FOOD STORAGE AT HOME OR AT WORK, IT IS CALLED PACKAGING.
Packaging refers to the technology of enclosing and protecting products for distribution, storage, sale and use. It also refers to the process of designing, evaluating and producing packaging for a particular product.
6 0
3 years ago
The production possibilities curves suggest that:A) West Mudville should specialize in, and export, baseball bats.B) workers wil
11Alexandr11 [23.1K]

Answer:

A is the correct option.

Explanation:

West Mudville should specialize in and export baseball bats.

Production possibility curve illustrates the amount of two different goods which can be produced when there is fixed availability of a resource which both the items use for manufacture. In PPC it is assumed that the production will be optimally efficient. It is known as transformation curve. In macroeconomics it represent the point where country's economy is most efficiently producing goods and services, hence allocating the resources in the best way.

3 0
3 years ago
Jody is an agent for Kwik Credit Company (KCC). In the course of Jody's performance for KCC, Jody pays Leo for certain auto main
Serjik [45]

Answer:

D. Reimbursement

Explanation:

A principal may be defined as a company's agent dealing with a contractor. The principal has the duty to reimburse an agent for the amount of money used up while carrying out his/her duty. Reimbursement may be from expenses like cost of travelling, cost of meals, cost of lodging and so on. In other words, if an agent makes authorized spending while doing a job for the principal, the principal has the duty to reimburse the agent for the money spent.

3 0
3 years ago
Read 2 more answers
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