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Vaselesa [24]
3 years ago
14

What is the difference between elastic and inelastic demand? Give 5 points?

Business
1 answer:
denpristay [2]3 years ago
5 0

Explanation:

Elastic demand means there is a substantial change in quantity demanded when another economic factor changes )

inelastic demand means that there is only a slight (or no change) in quantity demanded of the good or service when another economic factor is changed.

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Answer:

The correct answer is C

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Operation management is the management who govern or administrate the business practices in order to create or generate the highest level of the efficiency within the organization. It is concerned with the management of the operations of the business. Therefore, the operation management is the one who is responsible for executing the customer benefits like elevators which run smoothly, front desk which processes people quickly.

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After a business meeting with a prospective client holly took the client to dinner and the theatre. holly paid $290 for the meal
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In this instance, Holly would be able to deduct all of these expenses if she is not reimbursed from her employer.

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taurus [48]

Answer:

The international monetary fund.

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In this scenario country B is unable to pay for goods bought from country A till it makes export. There is a problem of balance of trade. The IMF can help country B make the payment by borrowing it funds.

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