Event recording and direct observation methods
C. Unclear definitions of goals
Any professional and efficient team will of course want clear definitions of their goals to run well.
Answer:
The answer is: It will increase.
Explanation:
According to the law of supply and demand, when the price of an specific good or service decreases, the quantity demanded for that good or service will increase.
For example, if the price for a movie ticket is $10, 100 people will go to the movies. If the movie theater starts a promotion and lowers the price for movie tickets to $6, many more customers will be willing to go the movies. Either because they believe watching a movie in the theater is worth 6$ or more, or because they will now be able to afford going to the theater.
Answer:
B) 1.7
Explanation:
GDP deflator simply shows the occurring event of the level of prices in the economy which is why It is often the ratio of nominal GDP to real GDP.
GDP deflator in 2009 will be:
Norminal GDP
Cost of apple= $1 in 2009
Apple produced =5 in 2009
Cost of oranges= $1.50 in 2009.
Orange produce= 5 in 2009
$1.00*(5)+$1.50*(5)
=5+7.5
=$12.50
Real GDP
Cost of apple= $0.50 in 2002
Apple produced =5 in 2002
Cost of oranges= $1 in 2002
Orange produce= 5 in 2002
0.50*(5)+$1.00*(5)
=2.5+5
=$7.50
GDP deflator = Nominal GDP/Real GDP)
=$12.50/$7.50
=1.666
approximately 1.7
Answer:
The answer is: Chris should select Plan A if his total sales ≥ $7,900
Explanation:
Plan A = $320 + 8%s
Plan B = $715 + 3%s
where s = gross sales
To find at what point should Chris choose Plan A, we must solve the equations given that Plan A = Plan B
$320 + 8%s = $715 + 3%s
8%s - 3%s = $715 - $320
5%s = $395
s = $395 / 5% = $7,900
