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What are the key components of industrialization?
supply and demand
What are the 3 types of elasticity?
1)price elasticity of demand 2)income elasticity of demand 3)cross elasticity of demand
What does it mean when the price elasticity of demand is -3?
When price increases by 1%, demand falls by 3%.
A certain commodity the supply equation is given S equals 06p plus 08 At a price of 1 there is a demand of 21 units If the demand equation is linear and the market price is 3 find the demand equation?
S=6p+8 Demand at price 3(assuming equilibrium= 6(3)+8=26 at P=3 d=26 s=26 at p=1 d=21 something is wrong here because according to this demand is upward sloping, which means that as p increases, so does demand, which is the opposite of the law of demand.
What are the different market situations?
1. Negative demand =conversational marketing 2. No demand= stimulation marketing 3. Latent demand= development oriented marketing 4. Irregular demand= synchro marketing 5. Falling demand = re marketing 6. Full demand = maintenance marketing 7. Overfull demand =overfull demand unwholesome demand = counter marketing
What are the key components of industrialization?
supply and demand
What are the 3 components of empathy?
What are the 3 components of empathy?
What are the kind of demand?
There are three kinds of demand. 1. price demand 2. Income demand 3. cross demand.
What are the 3 types of elasticity?
1)price elasticity of demand 2)income elasticity of demand 3)cross elasticity of demand
What does it mean when the price elasticity of demand is -3?
When price increases by 1%, demand falls by 3%.
What are the 3 major of components?
The 3 major components of fitness are strength,endurance, and flexibility.
What are the components of electrical circuit?
write 3 components of an electronic circuit
What are the components of blackpowder?
The 3 components of gunpowder are, Charcoal, Sulphur, and Saltpetre
What are the components of an electrical circuit?
write 3 components of an electronic circuit
What is the demand load for 3 ranges rated 9KW and 3 ranges rated at 14KW?
The demand load for 3 ranges rated at 9KW each is 27KW (3 x 9KW) and the demand load for 3 ranges rated at 14KW each is 42KW (3 x 14KW). Therefore, the total demand load for all 6 ranges is 69KW (27KW + 42KW).
What are the 3 different kinds of component of a computer?
There are more than 3 components in a computer. An example of 3 components that every computer has: Motherboard, processor, memory.
What are the types of demand according to managerial economics?
1-interrelated demand 2-joint demand 3-competetive demand 4-derived 5-composite 6-independent
