Answer:
This is an example for the regulation of the government having a negative impact on trade.
The celling policy if people trade below that value is uneffective and useless but, if the agent of the market trade above the celling in some transactiosn (this book may be a best.seller or a book which is hard to find in the given moment) the regulation prohibits and no trade is done. No trade implies neither consumper or producer surplus. While the government state the celling acts in well-being and good for the consumer in this case it is proved wrongly. The consumer would pay between 59 and 64 having a surplus and the produced above 59 will also enjoy a surplus from trade.
Explanation:
Answer:
Explanation:
ed= 2 , Price increase by 5%.
Elasticity of Demand = % Change in Quantity demanded/ % change in price
% change in quantity demanded = 2*5%=10%
Since, the elasticity > 1 and price has decreased, the total revenue will decrease. The impact of price change on Total revenue is based on the relationship between elasticity of demand and Total revenue.
Thus, there will be 10% fall
Answer:
b. place
Explanation:
Place utility refers to the availability of the product in a place or manner that is favorable to the customer. By providing different payment options like debit, credit card as well as cash payment, Albertsons has provided time utility.
<span>Falling for anything which makes companies and other people think you're too stupid or too young to know better.
Trust should be given to the people who already proof and earn their worth to you. Putting to low of a threshold to trust others will make it easier for you do be deceived and would bring a lot of negative outcome for your organization.</span>
the advantages are that they have more products for more people and a broad range to make sure that people find what their looking for.
the disadvantages are that the company will have less of all of the items, the resources might be strained after all the items are made, all of the items could cost too much, and some other businesses might not like you entering the market, so they may launch the same items you are launching just with a retailed name and a lower price.
If this helps you then plz mark me the brainliest answer. ;)
