Answer:
a. Be sure that Lance and Ayden know how to connect to Lindsay’s desktop.
b. Frequently ask Lance and Ayden if what she is saying makes sense.
e. Expect to review meeting content due to the limitations of virtual technology.
Explanation:
In today's world there is a wide array of different programs that allow us to virtually connect with other individuals in order to communicate, share ideas, and hold meetings. These options, unfortunately, have their downsides as well, the main one being faulty connection which leads to miscommunication. This can lead to serious problems. Therefore the best way to guarantee success is to help those attending the meeting make sure they know how to connect and participate correctly, and continuously make sure they are understanding everything that is being said. Once the meetings are done, a review will make sure that everyone is on the same page and clear up any questions that anyone may have.
Answer:
The answer is: C) the elasticity of demand, where the shortages will be larger if demand is more inelastic.
Explanation:
When the demand for a product is completely inelastic it means that the quantity demanded for that product will be the same whether its price increases or decreases. Rarely any product is completely inelastic, but inelasticity shows a tendency of buyers to keep buying a product even if its price rises, for example gasoline.
Inelastic products don´t follow the law of supply and demand, since the price doesn´t alter the demand.
If suppliers can produce enough goods (product shortages) and the quantity demanded stays the same, the price will rise. But if the demand for the product is inelastic then the shortage will get worse since every time more people will want to buy the product and their will be less product to buy.
The book seller should invest in the extra space.
<u>Explanation:</u>
As per the given data:
rent for the additional space given is $300 per year, the additional profit that will be pulled by adding on the space = $4000 per year, the current rate of interest given is = 12%
In order to calculate about the decision, the present values needs to be calculated first
The present value of the investment = (- $ 3000 plus $ 4000) by 1.121
The present value of the investment = $ 571.43
The present value of the investment is positve, hence the book seller should invest in the extra space.
Answer:
C. Jones may not join the board because the rules prohibit all firm professionals from serving as a director of a client.
Answer:
False
Explanation:
Apart from simple interest, compound interest can be used for single payments
the formula for compound interest is : future value - present value
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
The formula for simple interest : amount x time x interest rate
Assume that 1000 is to be received in 2 years at the interest rate of 10%
Simple interest = 1000 x 2 x 0.1 = 200
Compound interest
1000 x (1.1)^2 = 1210
1210 = 1000 = 210