1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex Ar [27]
2 years ago
7

A(n) ________ is a favorable set of circumstances that creates a need for a new product, service, or business.

Business
1 answer:
Natasha_Volkova [10]2 years ago
8 0
I think it’s scheme
You might be interested in
Mary kay, avon, and other cosmetic manufacturers produce and market their products on a worldwide basis including countries like
Nina [5.8K]
Beauty and cosmetics
6 0
3 years ago
Difference between per<br> behaviour and organisational behaviour
malfutka [58]

Answer:

Organiational behaviour looks at the individual behaviour, then moves to group behaviour, progressively to the organization behaviour, which you can also call the organization culture. It requires skills to understand how the organization and its members affect each other. Areas include frameworks for diagnosing and resolving problems in organizational settings. Human behaviour, call it individual behaviour is a sub-set of organization behaviour.

7 0
3 years ago
Which bank does not charge at all for using the ATM?
const2013 [10]
Bank A is the answer
6 0
3 years ago
URGENT QUESTION - BUSINESS/COMPUTERS - I JUST NEED ADVICE/HELP
Korolek [52]
Hop it helped you and you get a good grade on that assignment 
6 0
3 years ago
Read 2 more answers
If the demand curve for a life-saving medicine is perfectly inelastic, then a reduction in supply will cause the equilibrium pri
never [62]

Answer:

If the demand curve for a life-saving medicine is perfectly inelastic, then a reduction in supply will cause the equilibrium price to <u>rise and the equilibrium quantity to stay the same</u>.

Explanation:

Perfectly inelastic demand curve indicates the quantity demanded for the life-saving medicine remains the same or does not change in response to a change in price.

Since a part of the law of supply states that the lower the quantity supplied, the higher the price; a reduction in the supply of the life-saving medicine will increase its price.

The combining effect of the two above will lead to an increase in the equilibrium price while the equilibrium quantity will remain the same as it will not respond to the change in price.

The attached graph explains this more clearly. In the graph, the demand curve DD is used to represent the perfectly inelastic demand curve for the life-saving medicine. Therefore, the quantity remains at q no matter the changes, either increase or decrease, in price. Movement from the supply curve S1 to S2 indicates a reduction in supply of the life-saving medicine which causes an increase in the equilibrium price from Po to P1 while the equilibrium quantity stays at q.

This therefore shows that if the demand curve for a life-saving medicine is perfectly inelastic, then a reduction in supply will cause the equilibrium price to <u>rise and the equilibrium quantity to stay the same</u>.

8 0
3 years ago
Other questions:
  • A newspaper advertisement for Cashmere Closet states "This Saturday 9 a.m., 1 Red Cashmere Scarf, worth $299.95… $10.00 First Co
    5·1 answer
  • On December 31, 2016 before adjusting entries, Accounts Receivable for Nickolas Company had a debit balance of $200,000, and the
    6·1 answer
  • Match the types of players with the economic system in which they make the important economic decisions
    12·1 answer
  • Why would the supply curve of a dog walking business be considered elastic
    10·1 answer
  • Co. is considering acquiring a manufacturing plant. The purchase price is $ 1 comma 100 comma 000. The owners believe the plant
    15·1 answer
  • Dawson Electronic Services had revenues of $116,000 and expenses of $68,000 for the year. Its assets at the beginning of the yea
    12·1 answer
  • Zhao Co. has fixed costs of $354,000. Its single product sells for $175 per unit, and variable costs are $116 per unit. The comp
    13·1 answer
  • Consider the following
    9·1 answer
  • A fee-for-service plan is an insurance plan that pays their share of covered_____ ______
    15·1 answer
  • Marketing là công việc của người bán. Đúng hay sai
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!