2 years ago

Describe the nature of the following major categories of risk (1) Financial Risks (2) Political Risks (3) Environmental Risks

1 answer:

7 0

Answer:

Market riskinvolves the risk of changing conditions in the specific marketplace in which a company competes for business. One example of market risk is the increasing tendency of consumers to shop online. This aspect of market risk has presented significant challenges to traditional retail businesses.

Explanation:

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The Patient Protection & Affordable Care Act was challenged in a lawsuit alleging that the federal government exceeded its

MrRissso [65]

Answer:

Explanation

Explanation:

28 of July 2012 was the day the Supreme Court upheld the constitutionality of the Patient Protection and Affordable Care Act (PPACA) in a 5 to 4 decision which was written by Chief Justice John G. Roberts. The court rightly ruled that the insurance which was provided by the Patient Protection and Affordable Care Act (PPACA) is in accordance with the legitimate use of the powers of taxation by the government and not just a certain mandate that is unconstitutional.

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2 years ago

The minimum wage is increased from $7.25 to $9.00 per hour. Calculate the elasticity of demand for fast food workers over the re

deff fn [24]

Answer:

As the question was not complete. I have attached the complete question in the attachment. Please refer to attachment.

Explanation:

By using, LD = 95- 3w and w1 = 7.25 and w2 = 9. We get,

LD1 = 95-3(7.25) = 73.25

LD2 = 95-3(9) = 68

Elasticity = Change in labor demand/ change in wage rate = ((68- 73.25)/ 73.25)/ ((9-7.25/7.25)) = -0.33

The 11 percent change in the wage rate causes, 33% change in labor demanded, as shown by the elasticity, the labor demand decreases with increase in wage rate.