Answer:
OPTION A
Explanation:
In economics elasticity refers to the calculation of an empirical parameter's relative shift in reaction to a change in the other. It depicts how difficult it is for both distributor and customer to change their habits and replace another product, the power of an opportunity over options per the relative price of opportunities.
Elasticity could be measured as proportion of variation in magnitude in one parameter to change in magnitude in an other parameter if the latter variable has a substantive effect on the previous. In form of the algebra a more precise description is provided. This is a tool to measure one factor's sensitivity to variations in the other, correlative static.
Based on the scenario above, this process is being termed as
dumping. Dumping is a term used in the international trade’s context where in
the export of a company or a country in regards with their product is being
priced lower when they are in the foreign importing market than of the domestic
market.
Answer:
determining the final price
Explanation:
In the given scenario Malcolm wants to use a pricing strategy that relies on his extensive experience and legal background rather than on time or effort spent on cases.
So he is promoting a higher quality of legal representation compared to other firms.
The next step in his pricing strategy will be to set the final price he wants to.offer his services.
This should be done by taking note of other law firms operating in the same community. A price that is too high will drive customers to competitors.
The long-run US unemployment rate: remained mostly unchanged.
<h3>What is Unemployment rate?</h3>
Unemployment rate can be defined as the percentage of unemployed people is the labor market.
Despite the fact that women entered the workforce the long-run United State unemployment rate remain mostly unchanged which inturn means that the unemployment rate did not change despite some women where employed or entered the workforce.
Inconclusion the long-run US unemployment rate: remained mostly unchanged.
Learn more about unemployment rate here:brainly.com/question/13280244
Answer:
The correct answer is letter "D": Planning.
Explanation:
Planning, among the management skills, represents the ability executives have to outline ways to help companies to achieve their goals. The firms' strategies and how they will allocate their resources to achieve maximum efficiency one of the responsibilities of managers must place special attention to in the planning process.
