Answer: obtain verbal commitments, as people often feel obligated to follow through with promises they make with others.
Explanation:
A coalition involves two groups of people coming together to join resources and ideas to achieve a common goal.
A form of agreement should be done before undergoing a coalition: The agreement which could be verbal or written is done to give the parties to the coalition a form of commitment to it.
Answer:
$ 4242.76
Explanation:
Annual payment = rP / (1 - ( 1 + r)^-n)
r = rate = 9.5%
P = the amount borrowed = $ 21000
n = number of years
Annual payment = 0.095 ($ 21 000) / ( 1 - (1 + 0.095)⁻⁷ ) = $ 4242.76
Answer:
Laptop = $3250
Desktop = $2900
Explanation:
Total finance charge = $398
Laptop cost = 350 + x
Desktop = X
<u>Workings</u>
Finance cost = (7% *X ) + (6% * 350+x ) = 398
0,07 X + 0.06 X + 21 = 398
0.13 X + 21 = 398
0.13 X = 398 -21
0.13 X = 377
Therefore ,X = 377/0.13
=2900
Cost of Desktop = 2900
Cost of Laptop =2900+350 =3,250
Answer:
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Answer:
The price of tee times needs to be decreased by 6.67%.
Explanation:
The manager wants to increase the number of tee times sold by 10 percent.
The price elasticity of demand for tee times is –1.5.
Percentage change in price of tee times to increase the demand by 10%
Price elasticity of demand = 
-1.5 = 
