If there is inflation, "then a firm that has kept its price fixed" for some time will have a

1 answer:

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If there is inflation, "then a firm that has kept its price fixed" for some time will have a low relative price. Relative-price variability rises as the inflation rate rises.

Option C

Explanation:

Inflation is a mechanistic explanation of the rate by which, through a time period, the median level of prices of a chosen product and service basket rises in one economy.

When inflation happens, "a company that has kept its price set" will then have a relative low price for some time.

Depending on the circumstances perspective, inflation can be seen positively or negatively.

Those who have tangible assets, such as land or products, may like inflation, which raises their assets ' worth

Money investors may not like inflation, because the worth of their cash holdings is diminished.

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Your local movie theater earns a total revenue of $40,000 per month when the price of a movie ticket is $8, and it earns a total

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Answer:

Inelastic

Explanation:

Elasticity of demand = percentage change in quantity demanded / percentage change in price

percentage change in quantity demanded =

35,000 - 40,000/40,000 = -0.125 = -12.5%

percentage change in price = $10 - $8 / $8 = 0.25 = 25%

Elasticity = -12.5%/25%= -0.5

Demand is inelastic because the elasticity of demand is a less than 1.

Elasticity of demand measures how quantity demanded changes when price change.

Demand is inelastic when a change in price has no effect on quantity demanded. Inelastic demand has a value of less than 1 .

Demand is elastic if a change in price has an effect on quantity demanded. Elastic demand has a value of more 1

Unitary elastic is when a change in price has the same proportional effect on a change in quantity demanded. Unitary elastic demand has a value of 1.

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Describe three different types of organizational cultures. When would each be most and least effective for a research and develo

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Explanation:

Organizational culture is the set of values, policies, beliefs that is shared by all employees of an organization in order to drive the behavior of all organizational parts.

Some types of organizational culture may be:

Power Culture: In this model of organizational culture, the focus is on leadership, usually attributed to the entrepreneur or a manager. It is more centralized and focused on results. There are also barriers to the development of skills and competencies among employees, due to the difficulty of implementing innovation in organizational processes, which is only incumbent on the leader.
Role Culture: The focus is on employee performance, but there are still well-structured and inflexible processes that make it difficult for employees to implement innovation.
People Culture: The focus of this type of culture is the employees, they are well valued, there is greater interaction between teams and there is a great chance for professional growth and development, as this is the most relevant type of culture for workers to collaborate with. innovative ideas and creative solutions to aid in organizational processes.

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3 · 32 + 8 ÷ 2 − (4 + 3) A. 30 B. 23 C. 24 D. 32

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3. The answer is 24 [c]

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Dexter loses his breach-of-contract case against micheletta in a georgia state trial court. dexter appeals to the state court of

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After Dexter appeals to the state court of appeals and loses again, he files his next appeal with the Georgia Supreme Court.

<h3>What is a Court hierarchy?</h3>

This refers to the arrangement of courts in the method through which appeal flows. If the judgement at the lower court is not satisfying, an appeal can be made to the higher court in order to get redress and justice.

In conclusion, the Supreme court is the highest court in the Georgia state after the Court of appeal.