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scoundrel [369]
2 years ago
10

Attention!!! Auction is about to happen!!!!! 1st one=50minecoins 2nd=60minecoins

Business
2 answers:
artcher [175]2 years ago
4 0

Answer:

lol

Explanation:

777dan777 [17]2 years ago
4 0

......................

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Goods with many close substitutes tend to have a. more elastic demands. b. less elastic demands. c. price elasticities of demand
kotykmax [81]

Answer:

The correct answer is a. more elastic demands.

Explanation:

There are some goods whose demand is very price sensitive, small variations in their price cause large variations in the quantity demanded. It is said of them that they have elastic demand. The goods that, on the contrary, are not sensitive to price are those of inelastic or rigid demand. In these large variations in prices can occur without consumers varying the quantities they demand. The intermediate case is called unit elasticity.

The elasticity of demand is measured by calculating the percentage by which the quantity demanded of a good varies when its price varies by one percent. If the result of the operation is greater than one, the demand for that good is elastic; If the result is between zero and one, its demand is inelastic.

The factors that influence the demand for a good to be more or less elastic are:

1) Type of needs that satisfies the good. If the good is of first necessity the demand is inelastic, it is acquired whatever the price; On the other hand, if the good is luxurious, the demand will be elastic since if the price increases a little, many consumers will be able to do without it.

2) Existence of substitute goods. If there are good substitutes, the demand for good will be very elastic. For example, a small increase in the price of olive oil can cause a large number of housewives to decide to use sunflower.

4 0
3 years ago
A ____ is a strategic alliance in which two existing companies collaborate to form a third, independent company. question 37 opt
d1i1m1o1n [39]

A Joint Venture is a strategic alliance in which two existing companies collaborate to form a third, independent company.

4 0
2 years ago
Read 2 more answers
Amanda doesn't know what it means to implement a CSR<br> strategy. What do you tell her?
Anastasy [175]

<u>Explanation:</u>

All the business enterprise should involve in doing community service.  CatsCafé in Ontario can enjoy the benefits of CSR activities. Activities that are possible with the available resources at cafe can be used to perform CSR such as donating food to the underprivileged.

You can make CSR as an regular day to day activity at a cafe. When there is excess food cooked for any event or party orders need not be wasted instead can be donated for people in need.

Communication is a key to involve all the 16 employees of the cafe into CSR activities. Employee support through volunteering is important to perform CSR.

As it is a united mission this brings unity among the employees. When information spreads to outsiders they join hands for CSR and the brand image of Cafe will improve in local society.

Promote CSR activities with images and posters of employees volunteering in these activities will increase visibility of the Cafe.

6 0
3 years ago
fatas Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with
lbvjy [14]

Answer:

102,200 units

Explanation:

Equivalent units for conversion costs

Note that the <u>weighted-average method in its process costing system</u> is being used

Units Completed and transferred ( 102,000 x 100%)  102,000

Ending Work in Process (1,000 x 20%)                               200

Equivalent Units of Production                                     102,200

<u>Conclusion</u>

The equivalent units for conversion costs in the Assembly Department for the month is 102,200.

6 0
2 years ago
Question 6 of 10 10.0 points is it always worthwhile gathering more information about customer needs and preferences?
Feliz [49]
<span>Yes, provided that this information is relevant to the firm’s decisions.
By collecting the data about customers' needs and preference, a company could determine a strategy to obtain more customers in the future (through advertising or creating more suitable products by using the information taken from the customers). </span>
7 0
3 years ago
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