Answer: This case is an example of <em><u>core competencies that further have turned into core rigidities.</u></em>
In this particular case , the store was capable of catering to the demands of the market. Thus providing excellent service and technical advice.
But with the dawn of an era, now the store is earning lower-than-average returns. Also this is to be pondered upon that in current era only few potential customers are able to appreciate the premium quality of the fabrics.
One of the example of the commodities in which the sellers have little choice in setting selling price is books
In selling a books, all the price is usually arranged by the publisher and manufacturer and the seller could not really set the selling prices unless they have enough resource to self-publish
The correct answer is A. The salary you will earn with a degree will pay back the cost of college over your career.
Explanation:
The phrase "pay off in the long run" is used to explain an action that will have more benefits than costs or disadvantages if this action is considered in the future. This includes post-secondary education because even when this can be expensive it has many advantages that include access to better job opportunities, personal growth and that you will earn a high salary that will exceed or pay back the costs of college. According to this, the words of Dimitri's counselor mean that "The salary you will earn with a degree will pay back the cost of college over your career."
Answer:
PeD = 0
Explanation:
Price elasticity of demand is the responsiveness of quantity demanded when there is a change in price. An elastic demand means that when price changes the quantity demanded changes by more than the proportionate change in price. measured as
Ped = % change in Quantity demanded / % Change in Price
An elasticity value of between 0 and 1 is regarded as inelastic demand as quantity changes by less than the proportionate change in price.
Value of 1 is considered unitary elastic as an equal proportionate change occurs.
Greater than 1 is elastic demand where the change is more than proportionate.
When there is absolutely no change the demand is perfectly inelastic and the demand curve is vertical. This yields a value of 0 as there is no observed change in quantity demanded given a change in price.
Hope that helps.
