Answer:
As price elasticity of supply increase the supply curve will be closer to the horizontal axis thus shallower.
Explanation:
The price elasticity of supply can be defined as a measure of how much the price of a good or service changes with a corresponding change in the supply of that specific good or service. This means that a good or service can be described as either elastic or inelastic depending on how it's price and supply parameters behave. Inelastic goods are those goods whose price change with reference to their supply do not change much. These goods are sometimes referred to as essentials since people tend to buy them even if the prices are high. On the other hand, elastic goods are those ones whose price fluctuates depending on the supply. These goods are called luxuries, since people buy them only when their prices are low, and avoid them when the price rises.
The price elasticity of supply can be determined using the expression below;
E=%Q/%P
where;
E=elasticity of supply
%Q=percentage change in quantity supplied
%P=percentage change in the price for the corresponding changes in quantity supplied
The supply curve generally represents changes in price verses the changes in quantity supplied. The price is plotted on the left vertical axis, against a corresponding quantity supplied on the horizontal axis.
A product that has more price elasticity of supply will cause the supply curve to be shallower: closer to the horizontal axis. On the other hand a product with less elastic supply will make the supply curve to be steeper: closer to the vertical.
Answer:
Conceptual Skills
Explanation:
According to my research on different leadership traits, I can say that based on the information provided within the question Jane mainly needs to employ her trained Conceptual Skills, that were acquired through years of experience. Conceptual Skills allow managers to visualize the organization as a whole and work with ideas and the interactions between different abstract concepts.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
one of the first
then sixteen of the third.
none of the second
Explanation:
We can solve by hand using legrande multiplier
and derivate or we can use the solver tool of excel:
1) we build up a table on excel with the data for each layout
Then, we use solver.
We declare the quantity of each unit as out variable
the total profit as our goal to maximize
we stablish the restrictions based on our inventory at hand
<em>And excel determinates that 16 of the third layout and one of the first layout will yield the greater profit</em>
SOLVER
Q tulips daffodils flowerings PROFIT per layout
1 36 24 8 84
0 12 42 7 40
16 22 52 5 90
Totals 388 856 88
used (16 x 22 + 36) (16 x 52 + 24) ( 16 x 5 + 8)
Total profit: 1524
(16 x 90 + 84)
Answer:
The correct answer is letter "C": international.
Explanation:
International business strategies are the systems used to plan and implement a series of actions driven to compete and place a company in the international market. The process implies analyzing and evaluating the target market, implementing the organization's operations abroad using innovative technology and strategies, and monitoring the results. At this stage, firms tend not to be worried about production costs until the entry of competitors.
The correct answer is crisis management. Crisis management
is being defined as a process by which an organization engages to dealing with
an unexpected and disruptive event that are likely to harm or threaten the
organization or the members of the organization or what makes it as a whole.