Answer:
A firm’s ethical responsibilities go beyond its legal responsibilities.
Explanation:
Answer:
40
Explanation:
Batches of apples produced in one hour = 35/100 = 0.35
Batches of peaches produced in one hour = 70/100 = 0.70
total hours it would take to produce 15 batches of apples = 15 / 0.35 = 42.86 = 43 hours
this would leave (100 - 43) 57 hours to make peaches
Batches of peaches that can be made in 43 hours = 57 x 0.7 = 39.9 = 40 batches
Answer:
0.40
Explanation:
The four firm concentration ratio = 10%+ 10% + 10% + 10% = 40% =0.40
I hope my answer helps you
Answer: elastic
Explanation:
Elastic demand is a demand that occurs when the quantity demanded for a product or service results in a greater percentage change when there is a change in price.
For example, when there's a fall in price, this will lead to large change in quantity demanded for the good. Since there's an increase in the quantity demanded, it will lead to increase in revenue.
Work refers to any useful activity.