If a product has an inelastic demand, then
a. demand shifts to the right for an inferior product.
b. the quantity demanded at any price will decrease.
c. the demand for substitute products will decrease.
d. consumers will move toward a new equilibrium in the quantities of products purchased.
e. the marginal utility of normal products will increase.

Answers

Answer 1
If a product has an inelastic demand, then

a. demand shifts to the right for an inferior product.

Related Questions

What is the most financially dangerous way to pay for college?
Scholarships
Cash
Credit cards
Federal student loans

Answers

i would say credit cards

Answer:

The most financially dangerous way to pay for college is Federal student loans since they have a large return rate. They are going to have to be paid back and most of the time you will pay more trying to pay off the loan than paying for the college.

Explanation:

You are part of a small team that develops your company’s products. Your team is facing competition on the market and time and cost pressures internally. In order to manage these circumstances and encourage innovation, you’ve built a team culture that encourages rapidly testing and iterating upon new ideas. One of your colleagues, however, has struggled with wanting to find the perfect solution before taking action. This caused delays, impacting team performance, and frustration for many team members as they felt held back. Yet, nobody said anything to him. You want to provide him with considered feedback to help him get comfortable with experimentation and risk taking. What will you say to him? How will you give the feedback to highlight his behaviors and encourage a change? Make sure your feedback focuses on the positive: the outcome or impact your colleague will have if he changes his behavior – this will motivate and encourage him!

Answers

Answer:

Here.

Explanation:

I would say things like there's a problem with this, lets get together and fix it or this is perfect! Or this is good but we might have some adjustments to make. I would pay attention to every little detail to make this product a success!

The best approach to reach out to the affected worker would beto:

Ask him why he has a problem with finding solutions and taking actionSuggest workable solutions which you and members of the team have used successfullyExplain to him that his indecision is impacting the team work.

All these are important when giving considered feedback to the worker so that he knows how his poor performance is affecting members of his team.

Furthermore, by giving him workable solutions he would be forced to implement them and if this still does not work, it would be justified if he is replaced with a more capable worker.

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Donald is a minor. He can enter into any contract an adult can, provided a. Donald is willing to disaffirm the contract. b. the adult is willing to enter into contracts with minors. c. the contract is not one prohibited by law for minors. d. an adult is willing to ratify the contract.

Answers

Donald will be able to get into a contract with an adult if c. the contract is not one prohibited by law for minors.

Generally speaking:

the law does not allow minors to get into contracts with adults.There are times however, when a minor and an adult can enter into a form of contract.

For a minor and an adult to get into a contract, that particular type of contract must be allowed by law for minors and adults to be parties. If this is not the case, that contract is void.

In conclusion, Donald can enter into a contract that the law allows him to enter into with an adult.

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Najah, a management researcher, conducted an experiment with the goal of confirming or contradicting the behavioral leadership approach. Najah spent many days following managers around while they worked. Like the Ohio State University and University of Michigan studies, Najah’s data showed that most managers focus on

a. tasks and relationships.
b. consideration and inspiration.
c. initiating structure and production.
d. transactions and empowerment.

Answers

Considering the research studies, Najah’s data showed that most managers focus on "consideration and inspiration."

This is because the research findings of the Ohio State University and University of Michigan studies on managers' behavioral leadership revealed that managers focus on consideration and inspiration.

Notably, the Ohio State University ts that managers tend to be either high or low sides of initiating structure and consideration regarding leadership behavior.

Hence, in this case, it is concluded that the correct answer is option B. "consideration and inspiration."

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Solo wants to store her tax returns, her will, and her budget in a location where she can quickly retrieve these records for review and revision.
What is the MOST logical thing for Solo to do with these records?
ОА
Place them in a paid storage facility.
ОВ.
Don't store them; they should be shredded.
Ос.
Save them to a computer file.
OD
Store them in a safe deposit box.

Answers

OD is the logical one in my opinion

Answer:

Save them to a computer file.

Explanation:

Just took the test, and this is the answer.

Label each of the statements as either true or false. Each label can be used more than once.

a. Informative advertising can include information about price, quality, and/or availability.
b. When a company spends a lot on advertising it is signaling that it expects that its product will be successful in the marketplace.
c. Advertising as part of the product includes information about price, quality, and availability.
d. Advertising as part of the product is used to persuade us to consume the good or service with little or no information about the product.

Answers

It is true that informational advertising can include information about price, quality and availability, as this type of advertising aims to inform the customer about the product's characteristics.

When a company spends a lot on advertising, it is a sign that it expects its product to be successful in the market, as advertising is capable of boosting a product, generating a desire to buy and creating value for the product.

Advertising as part of the product includes information on price, quality and availability and is characterized as informational advertising.

Advertising as part of the product is used to persuade us to consume the good or service with relevant information about the product, so that the consumer knows its features and benefits, and decides to make the purchase.

So the options are:

a. TB. Tc. Td. F

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Management considers only operational performace measures B. Management considers only lag indicators C. Management considers both financial and operational performace measures D. Management considers only financial performace measures

Answers

Answer:

C

Explanation:

C

Both financial and operational measures should be considered.

"Alicia"! shouted David to the company's HR specialist. I've got a problem,and you've got to solve it. I can't get people in this factory to work as a team. As if i don't have enough trouble with the company competitor's, the current Corvid pandemic and our past due accounts. Now i have to put up with running a zoo here at the company. You're responsible for seeing that the staffs gets along. I want a training proposal on my desk by Monday next week.

QUESTIONS:
Assume you are Alicia
(i). Discuss if lack of training is the cause to the above problem?
(ii). Explain how you would conduct a needs assessment in the above situation.

Answers

The cause of the above problem is not due to lack of training, but to a weakened organizational culture that does not allow integration and cooperation in the work environment.

It is therefore necessary to conduct a needs assessment in the situation above, which helps managers to better understand the problem of the difficulty of teamwork.

An organizational needs assessment could be done according to these steps:

1. Assessment of needs and definition of objectives.

2. Identification of organizational resources and capabilities.

3. Identification of target audience and data sources.

4. Strategic planning and implementation.

5. Getting feedback.

Therefore, a needs assessment will help the company to understand the cause of team integration problems, in addition to improving the quality of processes, communication, feedback, cooperation and employee motivation.

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Assuming that Brandt entered into a forward contract to sell 10 million South Korean won on December 1, 2020, as a fair value hedge of a foreign currency receivable, what is the net impact on its net income in 2020 resulting from a fluctuation in the value of the won

Answers

The net impact on its net income in 2020 resulting from a fluctuation in the value of the won is : $250 decrease in net income.

First step is to calculate the Discount on forward contract

Discount on forward contract=[($0.0035 − $0.0034) × 10 million

Discount on forward contract=$0.0001 × 10 million

Discount on forward contract= $1,000

Second step is to amortized the Discount on forward contract

Amortization of discount on forward contract=$1,000 / 4 months

Amortization of discount on forward contract=$250 per month

Based on the above calculation foreign exchange loss of the amount of $250 will be recognized on December 31, 2020.

Therefore the net impact on its net income in 2020 resulting from a fluctuation in the value of the won is a decrease of $250.

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. Discuss two to three limitations of referee reports
placed on management or organizations for job candidates. How do organizations cope
with this burden?

Answers

Answer:

The lack of awareness of the organizational culture and prejudices that can affect the recruiting and selection process

Explanation:

some limitations of reports from referees positioned in management or organizations for job seekers. The recruitment and selection process for applicants who would occupy critical positions in organizations should be led by the company's executives, who have more expertise and vision in identifying the suitable candidate.

The referee reports can have one or many limitation one of which is lack of thorough reference check of the onboarding and presently working candidates.

Lack of awareness about the information technology to rectify the security framework breach by the employee. Lack of human resource which can analyze the moral, educational, and career background of the onboarding candidate. Lack of awareness about crimes associated with jobs like white collar crimes and cyber crimes.

The organizations cope up with the limitations in the following ways:

1. The organization can employee security and cyber experts to rectify all the doubts related to the on joining employee.

2. A legal team is required to check whether the on joining employee had a previous criminal link or was associated with crime.

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A firm has a weighted average cost of capital of 11.68 percent and a cost of equity of 15.5 percent. The debt-equity ratio is 0.65. There are no taxes. What is the firm's cost of debt

Answers

The firms Cost of Debt is 9.62%.

Data and Calculations:

Weighted average cost of capital = 11.68%

Cost of equity = 15.5%

Debt-Equity Ratio = 0.65

Without taxes, the firm's Weighted Cost of Debt (WACC) = WACC - Weighted Cost of Equity

= 11.68% - (15.5% (1 - 0.65)

= 11.68% - 5.425%

= 6.255%

Unweighted cost of debt = 6.255%/0.65

= 9.62%

Thus, the firm's cost of debt is 9.62% while the weighted cost of debt is 6.255%.

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Which of the following statements pertain to a joint venture and not to a partnership business arrangement?

I.It has a limited purpose

II.It is a business relationship between several entities

III.Involves the sharing of gross returns rather than profits

IV.Each person or entity involved is liable only for an agreed-upon portion of the liabilities

V.Allows for the right of each person or entity involved to dispose of any interest in the property subject to the agreement

Review Later
I, III, IV and V only
II and III only
I, II, III, IV and V
I and II only

Answers

The statements that pertain to a joint venture and not to a partnership business arrangement are: I and II only.

A joint venture is a business arrangement that is entered into by two or more business entities who pool resources together to venture into a business where resources will be shared.

This is different from a partnership that involves two or more people who decide to run a combined business.

So, the major difference between these two is that joint ventures are mainly entered because of a particular project.

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which two events provide opportunities for the team to collaborate?

a) portfolio sync

b) backlog refinement

c) solution demo

d) Pre-Pi planning

e) Iteration planning

Answers

The two events that provide opportunities for the team to collaborate is Pre-Pi planning, which enables teams to establish a more direct communication process.

Pre-Pi can be defined as a plan to increase the program, through a regular event established in an organizational period with the objective of integrating Agile Release Train teams.

Pre-Pi planning will therefore encourage collaboration through open communication to discuss essential points of work improvement, generating a sharing of visions, plans, discussing resources, etc.

Through Pre-Pri planning, teams will increase their effectiveness by freeing up resources, speeding up processes and better aligning with project requirements.

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2. How do you plan to fit freelancing with Rev in with your current schedule?

Answers

Based on time management analysis, to fit freelancing with Rev in with your current schedule, you should start by "creating a routine."

The other things you need to include in your plan to fit freelancing with Rev in with your current schedule include the following:

Set a priority list.Avoid procrastinationUtilize an electronic calendar to follow your scheduleComplete an end-of-the-day work.Follow a healthy work-life balance.

Hence, in this case, it is concluded that there are many ways in which you can fit freelancing with Rev in with your current schedule.

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Which statement is a reason for using our unconventional reserves if they were more difficult to obtain

Answers

Unconventional resources are the resources that make use of specialized extraction to obtain fuel from the deposit.

Your information is incomplete. Therefore, an overview of an unconventional reserve will be given. An unconventional reserve makes use of specialized extraction to obtain fuel from the deposit.

The resources that can be extracted from conventional petroleum reserves are natural gas, crude oil, and condensate. It should be noted that the products that can be refined are petrol, diesel, asphalt base, kerosene, etc.

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examine the importance of relative
Prices
the
economy

Answers

Relative-price movements convey necessary info concerning the deficiency of specific merchandise and services. A rising relative worth indicates that demand is outstripping provide (or that offer is falling behind demand), whereas a falling relative worth denotes simply the other.

help pls What is one course of action available in every decision making process?

a.

Respond in a way which will have only positive consequences

b.

Respond in a way which will have no negative consequences

c.

Choose to do nothing about the issue

d.

None of the above

Answers


the answer is c) choose to do nothing about the issue

Answer:

answer is c

Explanation:

2. Who are teachers? Write any two works of teachers.​

Answers

Answer:

Teacher are those person who teach us and Help us for a future Work

Their two work are:-

1).They teach us

2):- They teach us moral value and norms

A specific statement of the organization's purpose, its products, and its customers is called a mission statement.
Select one:
True
False

Answers

Answer:

true..,........................

In pricing models, elasticity of demand is an input with specifies the: a. range of demand b. sensitivity of demand to changes in price c. level of demand d. sensitivity of price to changes in demand

Answers

yes because it is the one that it s

In pricing models, elasticity of demand is an input with specifies the sensitivity of price to changes in demand. Thus, option D is correct.

What is elasticity of demand?

The degree to which demand reacts to a change in an economic component is known as elasticity of demand. The most prevalent economic component considered when calculating elasticity is price. Income level and the accessibility of substitutes are further considerations.

Elasticity gauges how demand changes in response to shifting economic conditions. Demand is said to be inelastic when it is unaffected by price changes. "The responsiveness of the quantity required of a good to changes in one of the variables on which demand depends is known as elasticity of demand. In other words, it is the ratio of the percentage change in the quantity demanded to the percentage change in one of the factors that affect demand.

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#SPJ2

explain two approaches that can be used to calculate GDP and explain why these Ovo approaches give the samw value to GDP​

Answers

Answer:

the value added approach the income approach the expenditures approach

List any 5 prohibited activities during foreign employment.

Answers

Answer:

Some of the things that those who work abroad cannot do are:

1) Vote for a political candidate from that country.

2) Receive benefits from a public health provider.

3) You cannot practice in some cases the profession in which you worked in your native country, until you can obtain the certificate of studies updated to the standards of the country in which you now live.

4) You cannot access, in some cases, bank credit benefits

5) Take some additional type of training until you obtain all the legal and updated permits from the company where you now work.

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Explanation:

I hope this helps!

Suppose that Beltran Corporation uses all-equity financing and that Beltran’s market value in one year’s time will be either $100 million or $50 million depending on the success of new product innovations. Currently, investors view the outcomes equally likely, but Beltran’s CEO Kim Smith has information that success is virtually certain. Will leverage of $25 million make Smith’s claims credible? How about leverage of $55 million?

Answers

With a leverage of $25 or $55 million, the risk of failure is diversified among equity and debt holders. Financial leverage has its risks. It will impact success negatively if the debt leverage does not add more value.

However, if Beltran Corporation achieves success with the added leverage, the equity's returns will increase because of the increased volatility.

On the other hand, debt leverage increases the cost of capital when calculating the weighted average cost of capital. The increased cost of capital reduces the market value of equity.

Data and Calculations:

Expected market value of equity with product success = $100 million

Expected market value of equity without product success = $50

Probability of product success = 50%

Expected market value of equity with or without product success = $75 million ($100 x 50% + $50 x 50%)

Thus, the leverage of either $25 or $55 million does not drive successful outcomes unless success depends solely on more funding.

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Consider the domestic market for Good X in Country A, graphed above. P0=$5, P1=$25, P2=$10, P*=$15, Pw=$20, Q1=40, Q*=80, Q2=120. The world market outside country A observes a price Pw for Good X. When international trade is allowed, what is the total producer surplus? (Do not include the dollar sign $ in your answer)

Answers

Based on the graph and information provided, the total producer surplus will be $900.

The producer surplus simply refers to the difference between how much an individual would be willing to accept for a particular good and how much the person eventually receives when the good is sold.

It should be noted that the difference or surplus amount that the producer gets is the producer surplus. Based on the graph, the producer surplus is $900.

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When a manager speaks to an employee, the employee pays the most attention to: Nonverbal communication Verbal communication

Answers

In American business culture, when a manager is speaking to an employee, the employee should pay more attention to Nonverbal communication.

When an employee is talking to a manager:

The manager will not give complete instructions The manager will expect the employee to take some sort of lead

The only way the employee will be able to know these things is by paying attention to the nonverbal communication cues of the manager.

In conclusion, employees pay more attention to nonverbal communication.

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Explain the concept of conflict of interest?

Answers

Answer:

conflict of interest occurs when an individual's personal interests – family, friendships, financial, or social factors – could compromise his or her judgment, decisions, or actions in the workplace. Government agencies take conflicts of interest so seriously that they are regulated.

Tran, who was born in Vietnam, now lives in Los Angeles. She applies to be a waitress at Hooters. The manager of Hooters restaurant tells her, “Sorry, we rarely hire Asian girls because their breasts are too small and part of the Hooters’ image is waitresses with big breasts”. Does Tran have a valid claim against Hooters under the Civil Rights Act? Explain.

Answers

Answer:

No

Explanation:

The are objectifying her based on her body not restricting her freedom of speech or anything like that. PS. Who wrote that question just why why

Identify and analyze various factors which affect organizational design/ structure of an organization.

Answers

Answer:

There are five factors that greatly impact organizational design: strategy, environment, technology, size and life cycle, and culture.

Explanation:

When Mexico suffered from capital flight in 1994, Mexico's net capital outflow a. and net exports decreased. b. and net exports increased. c. increased while net exports decreased. d. decreased while net exports increase

Answers

Answer:

B. and net exports increased

Explanation:

A hospital arranges with a third-party payer to charge the third party 85 percent of its established billing rates. During January, the hospital provided services amounting to $2.0 million at the established billing rates. Prepare journal entries to record the January billings.

Answers

The journal entries to record the January billings of the hospital are as follows:

Debit Accounts Receivable $1,700,000

Debit Finance Charge $300,000

Credit Service Revenue $2,000,000

To record the services provided.

Data Analysis:

Accounts Receivable $1,700,000 ($2,000,000 x 85%) Finance Charge $300,000 Service Revenue $2,000,000

Thus, the hospital will split the billing for January into two: the amount it will receive and the finance charge for using the third-party payer.

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