As the manager, you have determined that the demand - id5887590 от mrsqueenbabe516 04.04.2023 12:51

Question

Business: As the manager, you have determined that the demand for your good is quite elastic. Therefore: Question 1 options: increasing the price of your good will increase revenues. decreasing the price of your good will increase revenues. increasing the price of your good will have no impact on the quantity demanded. decreasing the price of your good will not impact revenues.

mrsqueenbabe516 · Accepted Answer

a. owned and operated by the people who use them.

Explanation:

While corporations are owned by their stockholders, cooperatives are owned and operated by the people who use them. As mentioned above a cooperative in business refers to an association of various individuals who voluntarily unite in order to promote different mutual, social, cultural, and economic benefits. Unlike a corporation that is an official legal entity and is completely separate from those that own it.

As the manager, you have determined that the demand for your good is quite elastic.

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