Considering the situation above, by building a strong brand, Wilson has effectively "<u>reduced the price elasticity of demand for its products</u>."
This is because the price elasticity of demand is a term in economics that defines the sensitivity of the quantity demanded of a commodity to its price.
Usually, the price elasticity of demand shows that when the price of a commodity increase, the quantity demanded decreases.
Thus, in this case, since it is said that Kendra allowed Wilson to charge a higher price and not lose many sales, therefore, Wilson has been able to reduce the price elasticity of demand for its products.
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Answer:
D. The number of highly-skilled workers migrating from Adelphia to foreign countries has fallen.
Explanation:
If the decrease in the working population of Adelphia was caused by workers migrating from Adelphia to other nations, then if the rate of emigration has fallen (probably because the local economy is improving), the total working population of Adelphia should either remain the same or increase.
A lot of people that emigrate away from their home countries do it because they are seeking better job opportunities and a better living conditions. If Adelphia's economy is growing then the living conditions in the country should improve, so less people have to emigrate the country seeking a better life. For example, if living standards had been great in Europe during the last 3 centuries, then the US would have a very small population and there would be much more Europeans (and Latin Americans, Chinese, etc.) in their home countries.
The answer to the first unknown is "economies of scale" while in the second unknown is "diseconomies of scale". Based on the study, it has been shown that the initial stages of the pharmaceutical manufacturing process usually give rise to economies of scale, while after the large fixed "sunk" cost is finally paid off, the manufacturing of pharmaceutical product exhibits diseconomies of scale.
Answer:
The correct answer is letter "A": True.
Explanation:
Sexual harassment in the work field does not only involve the fact of one individual chasing another for sexual purposes. It also implies any other set of intimacy activities that can bother others at work such as couples flirting. Most jobs, do not allow sentimental relationships within the work-frame. Some even fire employees found in relationships at work.
Thus, if one of Jenny and Robert's coworkers feel uncomfortable for their flirting,<em> they can be guilty of sexual harassment</em>.