The best answer is letter a.<span> It downplayed the role of government in stimulating economic growth.</span>
>>The main goal of mercantilism was to increase a nation's wealth by imposing government regulation concerning all of the nation's commercial interests.
It sticks to the belief that the national strength can be maximized by limiting imports<span> via </span>tariffs<span> and maximizing </span>exports.<span>
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Answer:
Price elasticity of demand measures how much the quantity increases when price decreases.
Explanation:
Price elasticity is the percentage change in the quantity demanded, divided by the percentage change in the price.
If the percentage in the change in the quantity demanded is bigger than the percentage in the change of the price we talk about elastic demand.
If the percentage in the change in the quantity demanded is smaller than the percentage in the change of the price we talk about inelastic demand.
And if he percentage in the change in the quantity demanded is excatly the same than the percentage in the change of the price we talk about unit elastic demand.
The revenue function is given by R = -10p² + 4700p
Revenue is the total amount of money made from selling a particular unit of products while cost is the amount of money spent in production.
Given an annual sales (q) as:
q = (−10p + 4,700) million units.
The selling price is $p per unit. Hence:
Revenue = per unit price * annual sales
Revenue = p * (−10p + 4,700)
Revenue (R) = -10p² + 4700p
The revenue function is given by R = -10p² + 4700p
Find out more on Revenue at: brainly.com/question/16232387
Alternative evaluation is what Marketers
characteristic the way the consumer make information to arrive at brand choices
as alternative evaluation. After buying
a product, the consumer will be satisfied or dissatisfied and will engage in post
purchase behaviour. The relationship between the consumer's expectations and
the product's perceived performance determines whether the buyer is satisfied
or dissatisfied with a purchase.
