I believe the correct answer from the choices listed above is option C. Regarding increasing productivity, factor mobility is i<span>mportant in that it helps to reallocate resources in a dynamic economy. Hope this answers the question. Have a nice day.</span>
The answer is false. There are a lot of ways and best methods of maximizing profitability but cutting cost is not the best method because it will likely minimize the profit because the cost are being cut down. That is why the answer would likely be false because it is not the best method.
Answer:
I think the question is: ¿What is the Neartopia unemployment rate?
Explanation:
The answer is: 14.3% unenmployment rate
Answer:
If the product we are selling has an elasticity of 1.6 we should lower the price to increase revenues
Explanation:
Elasticy in demand above 1 means that are elastic goods. So the percentage in the rise in the quantity demanded is superior to the percentage in the fall of the price, so it will increase revenues.
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a computer <u>falling</u> and the quantity <u>increasing</u>.
Lower prices most likely results in a higher demand for the product in question, which will increase the production rate of that product.