Wesley is likely to have a narrow span of control. This means a single leader or supervisor supervises few subordinates. This contributes to a rise of a tall organizational structure. On the other hand, wide span of management means managing a large number of employees. A narrow span of control has its disadvantages, one of this is it inclines to split the organization into smaller department making more problems between the departments.
<span>Suppose that you were born in 1996. Also, suppose that your mother received a $100 baby shower gift at your birth. How much would it cost to buy a similar amount of goods and services in 2014, given that the CPI was 156.9 in 1996 and 236.7 in 2014?</span>
The variables you say, it means Hours of labor and numbers of workers are things that are related to productivity.So the option you are looking for is option B. Hope this is good for you
Answer:
The answer is: necessity versus a luxury in determining the price elasticity of demand
Explanation:
The price elasticity of demand measures the change in the quantity demanded of a product in relation to a change in its price.
The formula for determining the price elasticity of demand (PED) is:
PED = % of the change in Quantity Demanded / % of the change in price
Usually goods or services considered luxurious (e.g. gourmet cheese), tend to be very elastic (high PED). While products considered basic necessities (e.g. gasoline, or Diet Coke in Jane´s case) tend to be very inelastic (low PED).
For example, if the price of gourmet cheese (luxury product) rises 10% and the quantity demanded drops 25%, we can say gourmet cheese is a very elastic product (PED = 2.5)
Instead, if the price of gasoline rises 10% and the quantity demanded only drops 1%, we can say gasoline is very inelastic (PED = 0.1).
The action or process of installing someone or something, or of being installed.
