Any market could benefit from the pricing approach known as price elasticity of demand, particularly if it can attract customers.
How a change in price impacts consumer demand is assessed using the price elasticity of demand.
A product is deemed inelastic if people continue to buy it in spite of a price increase (such as with cigarettes and fuel).
Contrarily, elastic goods are subject to price changes (such as cable TV and movie tickets).
The formula: % Change in Quantity % Change in Price = Price Elasticity of Demand can be used to determine price elasticity.
You can determine whether your product or service is responsive to price changes using the idea of price elasticity. Your product should ideally be inelastic, meaning that demand won't change even if prices do.
Learn more about price elasticity of demand here.
brainly.com/question/28203114
#SPJ4
Answer:
The correct option is: B. work sample
Explanation:
Work sample is a statistical technique by which the employer tests the ability of a candidate by assigning a sample work to be performed, in order to evaluate or analyze the work performance of the individual.
It can also be defined as the previous work or projects that are used to determine the efficiency or performance of the candidate.
<u>Therefore, in the given scenario, Dave’s graphic portfolio is an example of a </u><u>work sample.</u>
Answer:Stay focused on topic and make sure your contributions are relevant
Explanation: trust me
Answer:
The correct answer is c. the exhaustion doctrine.
Explanation:
"Exhaustion" refers to one of the limitations of intellectual property rights. Once a product protected by an intellectual property right has been marketed by your SME or by others with your consent, your SME is no longer entitled to exercise the intellectual property rights of the commercial exploitation of this given product, since it They have "sold out." Sometimes this limitation is also called the "first sale doctrine", since commercial exploitation rights on a given product end with the first sale of the product. Unless the legislation specifically provides otherwise, your SME may not control or oppose subsequent acts of resale, rental, loan or other forms of commercial use by third parties. There is a fairly broad consensus that this applies at least within the framework of the national market.
Answer:
The future value of this students savings will be for 1,487,261.89 dollars
Explanation:
We will calculate the future value of an annuity 1,095 of 45 years at 12% interest rate:
PTM 1,095 dollars
time 45 years
rate 12% = 12/100 = 0.12
FV $1,487,261.89
