This should NOT be considered when setting a current budget
Future income
Explanation:
Future income can be anticipated but never factored in.
This is because the economy is not only controlled by economic policy or statistics that anticipate growth but outside influences too.
For example, despite the productive growth in the recent time there will be decrease in incomes throughout the world this year.
This is because of the recent crisis that was not foreseen at all.
Thus policy making must not see the future as anything granted and must only set up goals for the present and only anticipate what would probably come in the future.
Answer:
the marketing mix variable—place
Explanation: this easy bc u just see what the variablie to the mix is times that
Answer:
the relationship between management and labor from one of conflict to one of cooperation.
Explanation:
The goal of Frederick Taylor and scientific management is to increase labor efficiency. He proposed specialization and training in order to have more efficient workers that can produce more per hour. At the same time, Taylor advocated for higher pay if efficiency and productivity increased. For example, if a worker produces 100 units, he/she should be paid twice than a worker that produces only 50 units.
Answer:
The correct answer is option a.
Explanation:
The price elasticity of demand shows the responsiveness of quantity demanded to change in price. It is measured by the ratio of proportionate change in quantity demanded and proportionate change in price.
Unit price elastic means that the price elasticity of the good is 1. This implies that the percentage change in quantity demanded must be equal to the percentage change in price.
