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galina1969 [7]
3 years ago
8

Nathan owns a quick-lube oil service station. He wants to understand whether his customers are sensitive to price and if he shou

ld raise or lower his price for some of his services. What should Nathan calculate to make his decision?
Business
1 answer:
miv72 [106K]3 years ago
5 0

Answer: Elasticity

Explanation:

 According to the given question, Nathan is basically use the elasticity factor for the purpose of calculation that helps in making various types his decisions as elasticity is one of the main factor that helps in measuring the economical price change.    

 Elasticity is one of business degree in which we used to measure the good change in the services and the price of the products. The elasticity is one of the type of ability that helps in understating the change in the demand of the consumer.

 Therefore, Elasticity us the correct answer.

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The balance sheet below reflects Zee Bank after its purchase of $50 million in government securities from the Fed. Assume a requ
UkoKoshka [18]

Answer:

$500 million

Explanation:

The solution of the money supply and its effect is here below:-

Decrease in money supply = $50 million ÷ reserve ratio

= $50 million ÷ 10%

= $500 million

If $50 million were used to repay loans, that will have raised money supply. Thus, buying $50 million in government securities from the fed reduces the supply of capital.

3 0
3 years ago
What is the type of international trade​
mr Goodwill [35]

profit really

Explanation:

There are three types of international trade: Export Trade, Import Trade and Entrepot Trade. ... It means importing goods from one country and exporting it to another country after adding some value to it. For instance, India imports gold from China makes jewelry from it and then exports it to other countries

5 0
2 years ago
At the beginning of 2020, the company purchased a machine that had a cost of $300,000, an
Svetlanka [38]
Well it is the toltal of the cost that will be created by it did it and got it correct
3 0
2 years ago
The XYZ Corporation has a distinct division of labor, consistent rules, and a clear hierarchy. Managers maintain distance betwee
Mamont248 [21]

Answer:

A bureaucracy

Explanation:

Bureaucracy is an organisational structure that is aimed at maintaining uniformity and control in an organisation.

This is achieved through established processes and ways of interaction between staff.

Bureaucracy is characterised by multiple layers and complex processes that makes actions and decisions slow.

This is exemplified in the given scenario where XYZ Corporation has a distinct division of labor, consistent rules, and a clear hierarchy. Managers maintain distance between themselves and subordinates, and promotions are awarded based on technical expertise.

3 0
2 years ago
Historically, if an organization and employee do not have a specific employment contract, the employer or employee may not requi
Verizon [17]

Answer:

The correct answer is C) Employment-at-will

Explanation:

Under the employment-at-will doctrine, employers can dismiss an employee for any reason as long as the reason is not illegal (for example, firing someone because of his race or sex, which would be illegal discrimination), and employees can leave the job at anytime at will. Under this doctrine, if you do not want to keep working, you just stop going to your job.

The benefit of this doctrine is that it gives more labor flexibility and avoids the existence of lawsuits. The con of this doctrine is that it reduces labor protections.

6 0
3 years ago
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