Tim should be in governance.
Suzette should be in planning
In a purchases-payables computer system, a purchase order is created after which document has been processed?
Answer:
The average product for the 10 workers is 350 sandwiches per month.
Explanation:
Average product is given by total output divided by total labor used
Total output per month = 3500 sandwiches
Total labor used per month = 10 workers
Average product = 3500 ÷ 10 = 350
Average product for the 10 workers is 350 sandwiches/month
Answer:
20%
Explanation:
Given that
Advertising elasticity of demand = 0.25
Quantity demanded = 5% increase
Recall that
Elasticity = change in demand/change in advertising
That is
Change in advertising = Change in demand / elasticity of production
Therefore, change in advertising
= 5/0.25
= 20%
Advertising must increase by 20% in order to increase demand by 5%
