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madam [21]
2 years ago
15

A perfectly inelastic demand implies that buyers would increase their purchases by 10%when the price falls by 10%. purchase the

same amount as before when the price rises by 10%. decrease their purchases by 100% when the price rises by 10%. increase their purchases by 100% when
Business
1 answer:
vichka [17]2 years ago
6 0

Answer:

purchase the same amount as before when the price rises by 10%.

Explanation:

A perfectly inelastic demand curve is basically a straight vertical line. This means that the consumers are willing to purchase the goods or services no matter what their price is. In other words, they will keep buying them at any price, up to infinity and beyond. This is not a real scenario, because no product will be purchased at any price that the seller wants.

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B) A manufacturing unit A makes 15 colour television
Fed [463]

<em> 7*|15 80 | =|105 560|</em>

<em> 7*|15 80 | =|105 560||40 100| |280 700|</em>

<em> 7*|15 80 | =|105 560||40 100| |280 700|HERE'S YOUR ANSWER </em>

<em> 7*|15 80 | =|105 560||40 100| |280 700|HERE'S YOUR ANSWER ◌⑅⃝●♡⋆♡MICKZMINNZ♡⋆♡●⑅◌</em>

8 0
2 years ago
List and describe the four basic rights in the private enterprise system
Elodia [21]

Private property

competition

profits

and freedom of choice


8 0
3 years ago
Read 2 more answers
A company creates 40 units of a product using 30 hours of labor and 15 sheets of paper. Labor costs $10/ hour and paper costs $5
Scorpion4ik [409]

Answer:

0.038 units per $ of factor costs

Explanation:

Labor cost for 40 units  = 30 hours × $10/hour = $300

Cost of paper for 40 units = 15 sheets × $50/sheet = $750

Output = 40 units

Multi factor productivity is expressed as;

Multi factor productivity = Output/Total Factor cost

Multi factor productivity = 40 units/$1050 = 0.038 units per $ of factor cost

Multi factor productivity is a measure that depicts units produced for every $ of factor products used. In the above case 2 factors i.e labor and paper are used.

8 0
3 years ago
The process of gathering information about the competitive environment, including competitors' plans, activities, and products,
Sholpan [36]

Answer: (C) Competitive intelligence

Explanation:

 The competitive intelligence is one of the process of analyzing the various types of information that helps in learned abut the market, consumers and the competitors.

The main objective of the competitive intelligence is that it helps in support the various types of strategic decisions in an organization.

According to the given question, the competitive intelligence is helps in gathering the data for improving the ability of an organization in this competitive environment.

 Therefore, Option (C) is correct answer.

6 0
3 years ago
When working with international firms, U.S. businesses Multiple Choice expect socially responsible behavior from their business
Brilliant_brown [7]

When working with international firms, U.S businesses expect socially responsible behavior from their business partners.

<h3><u>Why do U.S businesses increasingly focus on international businesses?</u></h3>

American businesses are aware that doing business abroad will boost productivity and broaden their population, which will promote economic expansion. Since the beginning of time, there have been numerous international exchanges, and American businesses now recognize the advantages of offering their services abroad.

To cut costs, some US companies relocate abroad. To grow their business, other companies venture abroad. Many companies can successfully operate on a global scale.

You can learn more about international business using this link:

brainly.com/question/15054188

#SPJ4

4 0
2 years ago
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