Answer:
d. perfectly elastic.
Explanation:
Demand is perfectly elastic if it at the current price, the product is sold out but if there is a change in price demand falls to zero. the demand curve is horizontal
Demand in perfectly inelastic if there is no change in quantity demanded regardless of the change in price.
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Utilization can be calculated using the formula utilization
= average output rate / maximum capacity.
Utilization = number of lots x setup time + processing time
x number of units / number of hours per day x working days per year
Utilization = [200 x 1 + (45/60) x 2000] / (8 x 215) = 1700 / 1720
Utilization = 0.9884
The utilization is 0.9884 or 98.84%. capacity cushion can be
calculated by subtracting the utilization from 1. The capacity cushion is 0.01163
or 1.17%
Answer:
a. the purchase of a new home
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households on durable and non durable goods + Investment spending by businesses + Government Spending + Net Export
The purchase or a new home is considered an investment and thus it is added to investment when calculating GDP .
I hope my answer helps you
Answer:
⚡️?
Explanation:
⚡️ nothing has a problem with the battery and the battery is a bit annoying and the battery is a bit annoying
Answer:
consumer culture
Explanation:
Consumer culture correlates social values, ethnic status and social activities with the consumption of goods and services.
The concept behind consumer culture is to link the eating and consuming habits with that of social lifestyle. Taking McDonald's as an example, it is pertinent for a global corporation to respect religious and social limitations of its consumers. As a result of this, we see different menu all over the world. The example is McDonald's does not offer beef burgers in India.
