Answer:
$100 = $10PL + $20PK
Explanation:
Computation for the equation of the isocost line
Using this formula to compute the equation of the isocost line
Total cost=Price of labor (PL)+Price of capital (PK)
Where,
Total cost=$100
Price of labor (PL)=$10
Price of capital (PK)=$20
Now Let plug in the formula to compute the equation of the isocost line
$100 = $10PL + $20PK
Therefore the equation of the isocost line corresponding to a total cost of $100 will be $100 = $10PL + $20PK
I think the answer would be B
correct me if i am wrong
Home heating oil is considered inelastic demand instead of elastic demand. Inelastic demand is when people will buy the same amount whether the price of the good drops or rises. People who buy home heating oil want their homes to be kept heated and warm, since they are buying it to serve a purpose like this, whether the price rises or drops they still will need it. Since they will need it regardless of price, they will continue to buy it and therefor it is inelastic.
Answer:
<u>Management.</u>
Explanation:
The organizational management function corresponds to the set of functions related to the control, planning, coordination and application of principles at all organizational levels, using the best strategy of analysis of human and financial forces so that integrated form the set that will help the company to achieve organizational goals and objectives.
Being a leader is not an easy task, it takes experience and an attitude towards solving the needs and supervision of employees through an ethical and respectful posture, as well as having the tranquility to deal with different people, as well as the skills to integrate technical and social processes of the organization.
In the given case where Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt. This business uses a crowdsourcing technique.
Crowdsourcing is the process of gathering data, viewpoints, or creative output from a large number of individuals, typically online.
Through the use of crowdsourcing, businesses may access individuals with a variety of skills and viewpoints from around the world while also saving time and money.
Crowdfunding, in contrast to crowdsourcing, is used to raise money to help individuals, nonprofit organizations, or start-up businesses.
Cost reductions, speed, and the opportunity to collaborate with people who possess abilities that an internal team might lack are all benefits of crowdsourcing.
Hence, This business uses a crowdsourcing technique.
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