Answer:
B. the demand for a product and its price has a direct relationship
Explanation:
demand comes from the price which ultimately effects the proportions with the consumers purchasing the product. if the product is good enough with a fair price to come with it, the demand will increase, or if a product becomes more scarce the demand for it will increase along with the price raising.
Answer:
A) an increase in the price of other kinds of candy
Explanation:
If the price of substitute products (other types of candy) increases, then the suppliers of chewing gum can increase their price without the quantity demanded decreasing. If the decrease in the price of chewing gum is smaller than the increase in the price of substitute products, the quantity demanded will increase.
If there was a price increase of the main ingredients used to produce chewing gum, then the supply curve would shift to the left (option B is wrong).
If the workers signed an agreement that lowered their wages, then the supply curve would shift to the right (option C is wrong).
A decrease in the number of young people in the market would decrease the quantity demanded for chewing gum, which in turn would decrease the equilibrium price (option D is wrong).
A decrease in income would also decrease the quantity demanded, which would in turn decrease the equilibrium price (option E is wrong).
Answer:
Personal
Explanation:
Personal related currencies refers to the currencies that deals with the insipitration and the morality, vision, strength. It basically shows the needs of the person nd the value that actually what person could do
Since in the question it is mentioned that the if the tasks are shared that rise the skills and ablities of the person than this would represent the personal related currencies and hence the same is to be considered
Answer:
The best depiction of the information level given to a department manager versus that reported to a company vice-president is:
Department Manager Company Vice-President
B. Somewhat detailed Somewhat summarized
Explanation:
At the operational level of the organization, the information requirement is for detailed data to help the department manager act on operational decisions. At the tactical level where the vice-president operates, the information requirement is for data that is somewhat summarized but not too detailed. The highest level of the organizational hierarchy is the strategic level, where information requirement concentrates on detailed reports and not detailed data but highly summarized data.
Answer:
$8058
Explanation:
10/20/5 stands for a series of discount rates applicable on the list price. It means on total amount, 10% discount is allowed, then post deduction of this 10%, a further 20% on the balance is allowed and then a further 5% is allowed on the balance.
In the given case, single equivalent discount would be calculated as follows,
$25,500 × 10% = $2550
Then, ($25,500 - 2550) × 20%= $4590
Then, ($25,500 - 2550 - 4590) × 5% = $918
Single equivalent discount amount = $2550 + 4590 + 918 = $8058
