Business, 23.06.2019 08:00, tracijp

If consumers start to believe they need a product, what is likely to happen? a. the demand becomes less elastic. b. the demand becomes more elastic. c. the supply decreases. d. the price decreases.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 17:00, santos200154

The typical consumer's food basket in the base year 2015 is as follows: 30 chickens at $4 each 10 hams at $5 each 10 steaks at $8 each a chicken feed shortage causes the price of chickens to rise to $5.00 each in the year 2016. hams rise to $7.00 each, and the price of steaks is unchanged. a. calculate the change in the "cost-of-eating" index between 2015 and 2016. year cost of the basket 2015 $ 2016 $ instructions: enter your responses rounded to one decimal place. the official cost-of-eating index has by %. b. suppose that consumers are completely indifferent between two chickens and one ham. for this example, how large is the substitution bias in the official "cost-of-eating" index? the in the cost-of-eating index is %. the of inflation in the cost of eating reflects substitution bias.

Answers: 3

continue

Business, 22.06.2019 08:30, bartonamber4042

What has caroline's payment history been like? support your answer with two examples

Answers: 3

continue

Business, 22.06.2019 20:00, bwelsh880

Ryngard corp's sales last year were $38,000, and its total assets were $16,000. what was its total assets turnover ratio (tato)? a. 2.04b. 2.14c. 2.26d. 2.38e. 2.49

Answers: 1

continue

Business, 23.06.2019 12:20, xboxdude06

Sarah wants to use a suitable forecasting method to forecast the sales of umbrellas at her shop. she knows that her sales are seasonal. which technique of sales forecasting would you suggest to her?

Answers: 3

continue

Do you know the correct answer?

If consumers start to believe they need a product, what is likely to happen? a. the demand becomes...