A change in the cost of inputs would have the greatest impact on the price in the market for belts
Demand is elastic if a small percentage change in price leads to greater percentage change in quantity demanded. For example, a 10% change in price leads to a 50% change in the quantity demanded.
Demand is inelastic if a small percentage change in price leads to little or no change in the percentage change in quantity demanded. For example, a 10% change in price leads to a 5% change in the quantity demanded.
Supply is elastic if a small percentage change in price leads to greater percentage change in quantity supplied. For example, a 10% change in price leads to a 50% change in the quantity supplied.
Supply is inelastic if a small percentage change in price leads to little or no change in the percentage change in quantity supplied. For example, a 10% change in price leads to a 5% change in the quantity supplied.
An increase in cost would lead to a fall in supply as it would be more expensive to produce. A decrease in supply would lead to an increase in price.
In markets where the demand is elastic, the change in price would lead to a greater decrease in demand when compared with a market where demand is inelastic.
In markets where supply is inelastic, when price increases, suppliers would not be able to reduce supply as much as the market where supply is inelastic
A similar question was answered here: brainly.com/question/8925610?referrer=searchResults
Answer:
The answer is "
".
Explanation:
Variable cost net income 
Less: Fixed overhead start 
Add: Fixed overhead termination 
Net revenue at cost of absorption 
Answer:
The correct option is A, co-opetition
Explanation:
Co-opetition derives its root from competition and co-operation.It refers to an arrangement where competing firms co-operate towards achieving a common goal like the case of two two automobile manufacturers are likely going to be in direct competition with each co-operating in order to develop a hybrid technology expected to benefit both.
Hence option C is obviously wrong as competition is just one side of co-opetition which also includes co-operation
Strategic alliance lacks an element of competition,hence it is also wrong, same applies to collaboration.
Finally, business strategy is generic in nature so it is out of context.
######
In Excel, the ###### error is shown when the data in the cell is too large to be displayed. This is easily fixed by adjusting the size of the column to fit the number.
