Answer:
B and C
Explanation:
The law of demand states that the higher the price, the lower the quantity demanded. This means that at a higher price, the quantity of coffee that should be demanded should decrease.
Hence, since there was an increase in the price of the coffee per pound in 2016, we expect that there should be less sales. Instead, there was still an increase.
Also, we can see that the the demand for coffee has increased. More pounds of coffee is needed which creates an increase in supply which thus has driven up the price
Answer:
2.0 percent
Explanation:
Inflation can be defined as the persistent rise in general price levels.
Inflation can be calculated by determining the change in price levels.
(122.4 / 120 ) - 1 = 0.02 = 2%
I hope my answer helps you
The different types of diffusions are
Expansion Diffusion
Contagious Diffusion.
Hierarchical Diffusion.
Stimulus Diffusion.
Expansion diffusion is while innovations unfold to new places even as staying sturdy in their original places. For instance, Islam has unfold at some point of the sector, but stayed sturdy in the center East, wherein it became based.
Expansion diffusion happens when the spreading phenomenon has a supply and diffuses outwards into new areas, an instance being a spreading wildfire. Relocation diffusion takes place while the spreading phenomenon migrates into new areas, leaving at the back of its beginning or source of the sickness.
Expansion Diffusion is the spread of a concept through a population wherein the amount of these influences grows continuously large. There are 3 sub-styles of growth diffusion: Stimulus, Hierarchical, and Contagious.
Learn more about Expansion diffusion here: brainly.com/question/7215000
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Answer:
Operation excellence
Explanation:
This concept demonstrates the steady improvement in the product cycles with the support of product cycles, teamwork skills, leadership, problem-solving, decision making, etc. through which an organization's goals and objectives could be effectively and efficiently achieved.
The motive of every organization is to sell the products of the company as per the customer expectations so that it can gain the competitive advantage in the market place by minimizing the cost to the greater extent but at the same time, the company should maintain the quality of the product
