Answer:
Marketing Mix
Explanation:
According to my research on the strategic marketing planning process, I can say that based on the information provided within the question Molly is engaged in the Marketing Mix step of this process. This step focuses on Product Development, Pricing, Promotion, and Distribution. Which the ones in bold are what Molly is doing.
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True, you basically stayed in whatever class you were born into.
Supply Side Economics.
Supply-side economics is a macroeconomic theory arguing that economic growth can be most effectively created by lowering taxes and decreasing regulation,
Answer:
macaroni is an inferior good and price elasticity of supply is infinite.
Explanation:
An inferior good is a good whose demand increases when income falls and falls when income increases.
A normal good is a good whose demand increases when income rises and decreases when income falls.
Price elasticity of supply measures the responsiveness of quantity supplied to changes in price.
Price elasticity of supply = percentage change in quantity supplied / percentage change price
Percentage change in quantity supplied = not given
Percentage change in price = 0 (because the question states that there was no change in price)
Any figure divided by zero gives infinity.
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