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kobusy [5.1K]
3 years ago
11

What is the price elasticity of supply when the price rises from $2 to $4

Business
1 answer:
Mkey [24]3 years ago
5 0
To calculate PES u also need to give the change in quantity supplied.(which isn’t there in the question)
But the formula is

PES = %change in quantity supplied / % change in price
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If consumers do not pay off their entire credit card balance, they will
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If a consumer doesn't pay off their entire credit card balance it becomes a debt that will continue to accrue interest and eventually will end up in collections
8 0
3 years ago
The rise of Walmart as one of the world's largest corporations has brought the concept of:
Georgia [21]

Answer:

correct option is E) everyday low pricing

Explanation:

solution

Rise of Walmart brought the concept of Everyday low pricing  as we all aware everyone need good quality product in low price and Walmart is one the world largest corporation that give almost everyday attractive offer to their customers Incredible Prices on many different quality brands

they giver offer according to trends for autumn winter to attract all customers

so we can that here correct option is E) everyday low pricing

5 0
3 years ago
What does "employable" mean and how does it relate to careers?
ipn [44]

Answer:

employablee means that your able to apply to get a job i think but im not sure i just need these points lol

Explanation:

7 0
2 years ago
Which of the following statements is true of agglomeration? Agglomeration creates a demand that forces a skilled labor force to
Dvinal [7]

Answer:

The correct answer is letter "C": Agglomeration advantages stem from knowledge spillover from one firm to another.

Explanation:

In Business, Agglomeration refers to the cluster of companies in one common physical area. Agglomeration is divided into two categories: <em>urbanization economies </em>and<em> localization economies</em>. Urbanization economies refer to businesses sharing the same physical area even if they are dedicated to providing different goods or services.

Localization economies, instead, refers to firms of the same industry being located in a common location. In such a scenario, companies can take advantage of the same pool of labor and the quick spread of ideas among entities or the knowledge spillover.

7 0
3 years ago
Question # 6
Lina20 [59]

Answer: Import quota

Explanation:

Import quotas are a means of controlling trade into a country. It is usually done because the good being imported is produced in the importing country but when it is imported it is cheaper which will have the effect of harming the domestic producers.

Import quotas will restrict trade by limiting the amount of the specific good that can be imported into the country within a given period. For instance, the U.S. mandating that only 30,000 tonnes of sugar may come into the country in a year. After that amount, no more sugar will be allowed in.

4 0
2 years ago
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