1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
brilliants [131]
2 years ago
11

If the percentage change in quantity demanded is less than the percentage change in price, then the price elasticity of demand i

s ______.
Business
1 answer:
algol [13]2 years ago
6 0
Price inelastic. If the percentage change in quantity demanded is less than the percentage change in price, demand is said to be price inelastic, or not very responsive to price changes.
You might be interested in
Internal failure costs are costs incurred​ ________. A. after the company delivers poorminusquality goods or services to custome
Grace [21]

Answer:

c. when the company corrects poorminusquality goods or services before delivery to customers.

Explanation:

Internal failure costs are costs incurred when the company corrects <u>poorminusquality goods or services before delivery to customers.</u>

5 0
3 years ago
What amount is a reasonable tip for an airport skycap?
Nikitich [7]
At least $2 per bag as most airlines don't pay.
3 0
3 years ago
Read 2 more answers
you produce video games. it costs you $35 to make each game. You want to charge at least _______ to cover your costs.
taurus [48]
$40 you want to charge enough to pay for them and make a profit.

6 0
3 years ago
A​ company's employee database includes each​ employee's compensation. ​a) is this variable discrete or​ continuous? ​b) what ar
il63 [147K]
<span>A​ company's employee database includes each​ employee's compensation. ​

Part a)

An employees compensation is a continuous variable because it can take fractional values.

Monetary values doest have to be an integer it also takes decimal values.



Part ​b)

The possible values it can take​ on are any value in the interval of compensations for the employee's level.</span>
4 0
3 years ago
What are four positive aspects of franchising for a business start-up? Why are they important ? .
wel
The primary advantages for most companies entering the realm of franchising are capital, speed of growth, motivated management, and risk reduction
3 0
3 years ago
Other questions:
  • When an economy operates at its long-run potential output level,?
    12·1 answer
  • Certain industries of the U.S. economy, such as farming and heavy equipment manufacturing, have experienced a significant declin
    12·1 answer
  • What commodity has the united states recently focused on producing domestically?
    14·2 answers
  • Squeaky Clean Car Wash has a goal of increasing its repeat customers by 30% over the next year. It began by looking at ways to s
    9·1 answer
  • Your company, a leading provider of disposable diapers, wipes, and other childcare products, would like to begin a program which
    12·1 answer
  • During the 1920s, competition increased and businesspeople realized they had to do more than just focus on manufacturing, which
    9·1 answer
  • Suppose the demand curve for a product is given by Q = 11 - 2P + 3Ps Where P is the price of the product and Ps is the price of
    13·1 answer
  • The Bankruptcy Abuse Prevention and Consumer Protection Act allows the bankruptcy court to disallow a petition for a Chapter 7 b
    5·1 answer
  • Sue peters is the controller at​ vroom, a car dealership. dale miller recently has been hired as the bookkeeper. dale wanted to
    10·1 answer
  • The following units of a particular item were available for sale during the calendar year:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!