This deals with the problem of place. Secondly it has to be complete: country-by-country reporting deals with that by ensuring all profit is captured with the potential for re-allocation wherever it has been attributed to by a multinational corporation. This by default deals with timing: all current profit is apportioned to the place where it is really most likely to have been earned.
Leveraging consumer demand to make a profit by multinational corporations can be done by using competitive marketing and diversification.
stochastic demand is random demand. it is determined by predictable actions and a random element.
price
price
The concept of Economy is supply equals demand. Without demand there would be no supply which helps make up the economy.
Because demand creates the price, and not the price dictates the demand.
Leveraging consumer demand to make a profit by multinational corporations can be done by using competitive marketing and diversification.
stochastic demand is random demand. it is determined by predictable actions and a random element.
price
Luxuries
price
The cost of all food is variable, depending on supply and demand.
The concept of Economy is supply equals demand. Without demand there would be no supply which helps make up the economy.
Variable
Rising per capita incomeEmergence of newclar familiesEntery of multinational-offering variety of products raise the demand of household products
Is Need,want,demand
Elasticity, in economic terms, refers to the responsiveness of one variable to changes in another variable, typically used to measure how the quantity demanded or supplied of a good responds to changes in price. The concept was developed in the 19th century, with significant contributions from economists like Alfred Marshall, who formalized the concept in his work on supply and demand. Elasticity can be categorized into different types, such as price elasticity of demand, income elasticity, and cross-price elasticity, each providing insights into consumer behavior and market dynamics.