Answer:
Reverse Auction
Explanation:
Reverse Auction -
It is a type of auction process , where the positions of the buyer and the sellers are interchanged , is known as reverse auction .
In this case , it comprise of many sellers with one buyer .
Hence , in this case , the sellers compete to get the business from the buyer and therefore the price reduces as the sellers underbid each other .
From the question , the information is given about reverse auction .
Every type of higher education institution asks you to provide basic personal information
Answer: Option C
<u>Explanation:
</u>
Higher-Education establishments incorporate colleges and universities as well as different expert schools that give planning in such fields as law, religious philosophy, drug, business, music, and workmanship.
Advanced education likewise incorporates educators preparing schools, junior universities, and foundations of innovation all want people to fill their personal details. Not asking to bring recommendation letter, or any residency proof or to write one’s personal quote.
Answer: Sociocultural cues
Explanation: Sociocultural cues , are cues that are driven by social and cultural factors . How society and culture associate certain features or categorize certain dressing code and looks to certain people or groups is what making you think a person dressed like that is into an emo punk rock.
Answer: I believe it is C
Reason: 220 cigarettes - 7days times k
From the information given, the price of widgets is price elastic. This is because a reduction in price translated to change in revenue.
<h3>What is the explanation for the above?</h3>
Note that
Price of widgets= $8
Recall that
Total revenue = P*Q; thus
= 8*12
= $96
Where price is $7;
Therefore,
Total revenue(TR) is derived as;
= 7 x 16
= $112
Hence, the fall in price led to a rise in TR. This means that the demand is price elastic.
Learn more about price elasticity at;
brainly.com/question/5078326
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