What does it mean to say that supply is unitary elastic? a. supply does not change with changes in priceb. supply is very sensitive to changes in pricec. the percentage change in price and in supply are the samed. a change in supply is observed only if price increases

(blank) is the type of competition that occurs in a competitive market without identical producers.

What is the advantage of developing criteria for assessing the effectiveness of business products and processes? a. assessment criteria are answers. b.assessment criteria are inexpensive. c.assessment criteria provide you with a list of relevant things to measure. d.assessment criteria provide you with a list of people to contact to learn more about process mentoring.

When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify: