Cross-elasticity of demand is a) the willingness to substitute other products.
If the goods are alternative products, the cross elasticity of demand is tremendous which means that demand for one product will increase when the charge of the alternative product will increase and vice versa
If the products are complementary, go elasticity of demand is terrible which means that once the fee of 1 product will increase, demand for the opposite product decreases and vice versa.
The go-rate elasticity formulation is an equation for calculating the pass-price elasticity of call for (XED) of separate services or products: go rate elasticity (XED) = (% change in call for of product A) / (% alternate of fee of product B), wherein merchandise A and B are exceptional services.
In economics, the pass elasticity of call for or go-price elasticity of demand measures the percentage change of the quantity demanded an awesome to the percentage change in the fee of another proper, ceteris paribus.
The cross elasticity of call for is an economic concept that measures the responsiveness in the amount demanded of one good while the fee for some other correct modifications.
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Answer:
a.how a company treats employees
b. how a company treats consumers
c. whether a company obeys the law
e. whether a company respects the community
f. whether a company respects the environment
Business ethics refer to an area of study involving proper business policies and practices. Generally, the laws governing companies help them form a framework to adhere to in order to gain acceptance from society.
Hence, the way in which a company treats its employees and customers, its compliance with the laws of the land, and the way it acknowledges its responsibility to the community and environment are some of the factors that determine business ethics.
I think it’s A because they have to put it under testing
Answer:
C.) Premises Liability Act
Explanation:
This is because it happened on their property/premise. The Act states this to be true.
Answer:
1.875 years
Explanation:
The payback period is the period required for a project to repay its initial investments.
Pay back period = initial investments/ initial investments
In this case: Initial investments: $ 1,500,000.00
cash flows :
Year initial invest Accumulated Depreciation
0 ( 1,500,000.00) (1,500,00.00
1 800,000 800,000
2 700,000 700,000/800,00
Payback period = 1 year + 700,000/800,000
= 1.875 years
