Answer: Inelastic
Explanation:
Price elasticity could be defined as when the desire for a product changes as it's price changes. When people's desires changes or they are no longer interested as the price for the commodity goes up. Inelastic demand is defined as when the buyers demand does not change or is not influenced as the price of the commodity goes up, rather the demand decreases than increasing. The price rise will increase city revenues if the elasticity of demand for electricity and natural gas is elastic.
Answer:
Economic efficiency implies an economic state in which every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency. When an economy is economically efficient, any changes made to assist one entity would harm another
Explanation:
The market is voluntary operated by the model mf supply and demand
Answer: Brands
Explanation:
The development of brands is one of the type of marketing method which strengthen our various types of products and the services in an organization.
The importance of the development of brand is that it helps in maintaining the quality, consistency of product, trust and value the customers requirement.
The following are the phase of the brand development are as follows:
- Brand identity
- Brand strategy
- Brand management
- Graphic design
According to the given question, due to the rapid industrialization the organization are basically forced for differentiating the given products and the services in the development of brands.
Answer:did
Explanation:Septic system is a term used to describe underground structures that collects waste waters from the different sources within the environment and through it water can be treated.
Septic systems are commonly used in rural areas where there is no centralised waste treatment system.
WHEN THE GSI REPORT MISPLACES ANY DETAIL IN ITS REPORT, IT MEANS THAT IT ACTUALLY BREACHES THE CONTRACT.