If productivity increases significantly and demand is not very elastic, what is likely to happen? A. The number of consumers will increase. B. Fewer workers will be needed. C. Division of labor will decrease. D. Demand will increase.
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If productivity increases significantly and demand is not very elastic, what is likely to happen? A. The number of consumers will increase. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
If your income increases by $1,500 and you only consume $900 of it, your marginal propensity to consume would be equal to: a. 0.60. b. 0.75. c. 600.00. d. 0.40. e. 0.50.
Answers (1)
The Notarial Evidence Form is completed by
Answers (1)
Wood Manufacturing is a small textile manufacturer using machineminushours as the single, plantminuswide predetermined cost driver rate to allocate manufacturing overhead costs to the various jobs contracted during the year.
Answers (1)
Nick is concerned about how he will fund contributions to a defined contribution plan. You recommend that he use a unit formula based on employee compensation and years of service.
Answers (1)
Agee Technology, Inc., issued 9% bonds, dated January 1, with a face amount of $380 million on July 1, 2018, at a price of $370 million. For bonds of similar risk and maturity, the market yield is 10%.
Answers (1)
New Questions in Business
A total of 1,000 students responded to a survey about using student fees to build a new health care center on campus. Of those responding, 700 students said they "strongly agree" with this proposal. What percentage of students strongly agree?
Answers (1)
How did whirlpool use capabilities of text analytics to better understand their customers and improve product offerings?
Answers (1)
When a tax is levied on buyers of tea, a. buyers of tea and sellers of tea both are made worse off. b. buyers of tea are made worse off, and the well-being of sellers is unaffected. c.
Answers (1)
Which of the following is not correct? a. A tax places a wedge between the price that buyers pay and the price that sellers receive. b. In the new after-tax equilibrium, buyers and sellers share the burden of the tax. c.
Answers (1)
The major benefit of diversification is the: a. increased expected return. b. removal of all negative risk assets from the portfolio. c. reduction in the portfolio's total risk. d. reduction in the portfolio's systematic risk.
Answers (1)