<span>The cross-price elasticity of demand between salt and pepper is -0.50
In this example salt and pepper are Complements.
Instead, suppose salt and pepper were substitutes. If so, the the cross-price elasticity of demand between salt and peeper would be positive.</span>
Answer:
it helps them focus on the most important issues
Explanation:
Economics helps the managers with respect to direct, non-direct cost and their benefits
So as per the given situation it would help in focused on the most significant issues
Thus, the first option is correct
And the rest of the options are wrong
So the same is to be considered and relevant
Answer:
All of them.
Explanation:
Accounting systems are designed to show the increases and decreases in each financial statement item as a separate record. This record is called an account. In the T account, the debit is on the left and the credit is on the right.
The equity for credits and debits for each transaction is build into the accounting equation: assets = liabilities + equity. Because of this doble equality, this system is called double entry accounting system.
In balance sheet accounts:
-asset accounts debit for increases and credit for decreases.
-liability accounts debit for decreases and credit for increases.
-equity accounts debit for decreases and credit for increases.
Answer:
The effectiveness of any decision making process can only be evaluated after the decision was made and depending on the results. The unstructured decision making process is carried out when there is no other apparent alternative that can work. The problem with this type of solutions is that they are new and untested, which means that there is the possibility of being a great choice or a great mistake.
In Ch2M's case, the unstructured decision making process included the whole website team because they it was a way of distributing responsibilities in case the decision wasn't the best.
That is the problem with this type of process, the person that makes the decision will be held responsible for the results and the whole process is actually new, but necessary since there is no other alternative. Personally, I believe that this type of decision process should be taken only as a last resort.
