Answer:
Reduce and more than 15 percent
Explanation:
As Inelastic Demand state that the percentage change in quantity demanded is less than the percentage change in price. Therefore, if the crop is 15 percent higher, farmers will have to reduce the cost of corn by 15 percent to sell the new crop. We know that supply and price share an inverse relationship to reduce sales as supply increases and new crops grow.
True. Property taxes are local government largest source of tax revenue.
Answer:
The correct answer to the following question is option D) maturity maximize outlets .
Explanation:
In the maturity stage of the product life cycle, there will be a decrease in the sales growth rate but ,not before the sales has reached its peak, because now the product is world renowned , most of the people have accepted the product and the ones who would have wanted to buy the product have bought it and in this stage competition would be high. Here a company would intensify its distribution and promotional activities .
The answer is Country B
Comparative advantages can be described as a country's ability to product a certain product in higher quantities and lower price (efficiently) compared to another country.
In this case, Country A can product 100 CDs and only 100 DVDs, by while country B has the capacity to produce 50 CDs but 200 DVDs.
Clearly Country B has a better infrastructure to produce DVDs in bulk
Answer:E. a flexible price policy
Explanation:
The flexible price policy is a bargaining system between the buyer and seller to trade together at an agreed price.
The FOB seller factory price policy means where the ownership of the goods transferred to buyer, Robinson's act is only to prevent price discrimenation in the retail industry from the producers, a skimming price policy makes use of dual prices whithin a time interval, a status quo pricing objective is to maintain homogeneous price in the market among the sellers.
