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DIA [1.3K]
2 years ago
6

Which of the following is not a skill required to change discriminatory behavior?

Business
1 answer:
Mandarinka [93]2 years ago
8 0
2. Partiality because it has nothing to do with a skill
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A(n) ________ is designed to build customer goodwill, collect customer feedback, and supplement other sales channels rather than
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Answer: a corporate website

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2 years ago
Suppose you know that the price elasticity of demand for your product is 0.5, and you are thinking about raising your price by 8
satela [25.4K]

Answer: Option (c) is correct.

Explanation:

Given that,

Price elasticity of demand = 0.5

Percentage increase in price = 8%

Price elasticity of demand = \frac{Percentage\ change\ in\ quantity\ demanded}{Percentage\ change\ in\ price}

0.5 =  \frac{Percentage\ change\ in\ quantity\ demanded}{8}

Percentage change in quantity demanded = 0.5 × 8

                                                                       = 4%

Therefore, if the price rises by 8% then as a result quantity demanded decreases by 4%.

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3 years ago
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6 0
2 years ago
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Laura is a gourmet chef who runs a small catering business in a competitive industry. Laura specializes in making wedding cakes.
DedPeter [7]

Answer:

b. make fewer than 20 wedding cakes per month.  

Explanation

Laura sells 20 wedding cakes per month.

Her monthly total revenue is $5,000.

Marginal Revenue = $5000 / 20 cakes = $250

The marginal cost of making a wedding cake is $300.

<em>In order to maximize profits, Laura should make fewer than 20 wedding cakes per month.  </em>

<em>The reason is that Laura's marginal cost is higher than her marginal revenue implying that she is spending more on each item than she is gaining. </em>

<em>By reducing one unit of output she will be gaining more revenue.</em>

<em> Profit Maximization Rule Definition  states that if a firm chooses to maximize its profits, it must choose that level of output where Marginal Cost (MC) is equal to Marginal Revenue (MR) and the Marginal Cost curve is rising. i.e. it must produce at a level where MC = MR. </em>

<em>Hence Laura has to make fewer cakes</em>

7 0
3 years ago
One technique to identify use cases is to ask users what they want to achieve with a particular business procedure. this techniq
Nikolay [14]
<span>One technique to identify use cases is to ask users what they want to achieve with a particular business procedure. This technique is called the user goal technique.
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6 0
3 years ago
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