Answer:
The correct answer is letter "C": Enhance innovation and creativity.
Explanation:
Phil is enhancing innovation and creativity by introducing his new management assessment. Those assessments are typically directed to executives and how they should use their resources to drive companies to success. However, Phil is promoting the idea of obtaining valuable information from knowledgeable employees of the entity that could help managers to make better decisions.
The technology that was found in applications such as asset
tracking, smart keys and toll collection is the Electronic Collection System.
This system is very effective especially in the toll collection because it
makes the payment and collection of toll fees easy. The payment is
automatically debited to the account of the owner.
Answer:
$86.67 is the profit maximizing price for the monopolist
Explanation:
In order to find the profit maximizing price for the monopolist using its price elasticity and marginal cost we have to use the formula
Price= Marginal cost* (elasticity/elasticity+1)
Marginal cost = $65.0065
Elasticity = -4
Price = 65.0065 *(-4/-4+1) = 65.0065*(-4/-3)= 86.67
<span>In pure competition, producers compete exclusively on the basis of p</span>roduct features.
Answer:
Consumer Goods
Explanation:
Consumer goods are products bought buy consumption by the average consumer.
