Answer:
c. Inelastic demand
Explanation:
Inelastic demand means that the quantity ordered on a product is not affected by changes in price. The demand is relatively constant regardless of a change in price.
Coffee and sugar are complementary goods. Usually, price fluctuation in one of them should affect the demand of the other. In this case, changes in sugar prices have not affected the demand for coffee. If price changes do not affect demand, then the product has inelastic demand.
The scenario that explains when producer surplus is important in the quest for competitive advantage is the economic value creation framework.
<h3>What is economic value creation framework?</h3>
The economic value creation framework is a strategy about the creation of economic value.
Under the economic framework, producer surplus is important in the quest for competitive advantage because this is the profit that a firm captures when producing and selling a good or service.
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The action which can be taken during the management review and problem solving meeting is that, "combining teams in order to increase the velocity."
During the management review and problem-solving meeting combining teams to increase velocity provides the team direction and ensure the path is as obstacle free as possible. Also, to negotiate scope changes and resolve other problems by agreeing to various planning adjustments.
The key objective for problem solving meetings is to find the most optimal solution which can resolve an issue facing the group or organization. Management review is a systematic assessment to 'measure the effectiveness of the organizations' management system.
Hence, the action which can be taken during the management review and problem solving meeting is to combine teams in order to increase the velocity.
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Answer:
e. They have similar strategic resources and strategies
Explanation:
They have similar strategic resources and strategies because they have competitive parity which means both the firms are performing competitively.
Answer:
In these years, bones are becoming harder and permanent teeth are forming. Calcium and vitamin D are important to this growth.
Explanation:
