A soft drink's price elasticity of demand is lower than Coca-Cola's, which is more sensitive to price. This is due to the ease with which consumers can switch from Coca-Cola to other comparable soft drink alternatives, such as Pepsi.
- However, it would be challenging to replace soft drinks as a whole with alternative products. The price elasticity of demand for soft drinks, in general, is lower than the price elasticity of demand for Coca-Cola because there are no other close substitutes for them.
- The quantity required of a thing or service changes in response to a change in the product's price, and this is measured by the price elasticity of demand. It is computed by subtracting the product's price change from the quantity demanded, divided by the product's price change.
- Because the quantity of Coca-Cola products demanded frequently changes when prices vary, these products are thought to have an elastic demand.
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Answer:
The correct answer is: Moral awareness.
Explanation:
Moral awareness refers to the set of actions individuals take driven by values and beliefs that drive them not to only think about themselves but also in the consequences on others. In business, companies need to consider what the impact of their actions is with their surrounding environment and their inner circle -employees.
Answer:
The production departments in the first stage and the unit of product in the second stage.
Explanation:
The cost object under the department overhead rate used to allocate the cost based on the cost drivers.
In this departmental overhead rate method, first the overhead is allocated in the first department after that in the second stage the unit of product is done
so that the proper sequencing could be done and actual value could come
Answer:
a. Vertical
Explanation:
The vertical acquisition means the acquisition where the company purchased one of the suppliers. Like the manufacturing company buys the product i.e. not fully developed so here for fully developed the company purchased out its supplier so this we called as a vertical acquisition
Now as per the given situation since the food markets would be purchased Meat processors so this represent the vertical acquistion
hence, the correct option is a.
Answer:
Select which of the ways that entrepreneurs improve the economy is being described: As a family's basic needs are met, jobs are given to the people who help provide these needs.
new business
Explanation:
Entrepreneur improves the economy by starting a new business, they are employer of labor and improves the economy
