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How would inelasticity of demand affect a pharmaceutical company?
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What is the difference between elasticity and inelasticity of demand?
Inelasticity is a good that you will buy nomatter the price change. Elasticity is when the price of a product increases demand for the product will decrease.
Would the concepts of cross elasticity of cross elasticity of demand and income elasticity of demand be of any interest to a pharmaceutical company?
I am at a loss for the answer please help me.
Would concepts of cross elasticity of demand and income elasticity of demand be of any interest to a pharmaceutical company?
hi i am doing a course assignment project for econ and would like to get a feed back on the question asked
What reason to increase pharmaceutical company in Pakistan?
Pakistan’s pharmaceutical industry stands at a whopping $3.2 billion and as time passes, this worth is only expected to grow. By population, Pakistan is the 6th largest country in the world and it’s only fair to have a pharmaceutical demand. Therefore many companies, local and international, found their interests here, and hence, increased demand leads to increased supply. This is the reason that you see so many pharmaceutical companies here.
How the increase in expansion affect the demand?
Increase in expansion affect the demand because more supply/expansion with constant demand will lead to excess in expansion which affect the demand.
How does an increase in a products price affect demand for the demand for the product's complements?
It can affect demand because of individual low income earner.
How does supply and demand affect recruitment?
The availability of manpower both within and outside the organization is an important determinant in the recruitment process. If the company has a demand for more professionals and there is limited supply in themarket for the professionals demanded by the company, then the company will have to depend upon internal sources by providing them special training and development programs.
What is aggregate demand and what are the factors that affect aggregate demand?
nothing
When was the company Demand Media founded?
The company Demand Media was founded in May of 2006. The Demand Media company provides online media content. The company headquarters are located in Santa Monica, California.
Why interest rate has no affect on the aggregate demand?
The interest rate does affect aggregate demand. As the interest rate falls, aggregate demand increases and vice-versa.
List the factors that affect demand and explain only three?
demand
How does elasticity affect a companys pricing policy?
If demand is elastic at the current price, the company knows that an increase in price would reduce total revenues.
