Answer:
A. 11 %
Explanation:
Given that TopCo owns 40% of Botco, in order to gain control botco, it must either directly or/and indirectly have more than 50% of botco voting stock. Meaning it must acquire more than 10% extra in order to gain control. Thus, if Midco that topco have 60% of is able to acquire 11% of Botco, then topco will be able to have 51% control over botco with 40% coming directly and 11% coming indirectly through it 60% control over Midco.
Answer:
The price elasticity of demand is -1.81.
Explanation:
At price level $9 the quantity demanded is 250.
At the price level $8, the quantity demanded is 300.
The price elasticity of demand will be
=
=
=
=
=
= -1.81
Answer:
e. There is a deadweight loss at the given production level.
Explanation:
A deadweight loss, also known as excess burden or allocative inefficiency, is a loss of economic efficiency that can occur when the free market equilibrium for a good or a service is not achieved.
<h2>B)Explain to your supervisor why you think the task requires two hours.</h2>
Explanation:
It is always better to measure the time required to do the task and then start working. In the given scenario, it is better to tell your supervisor that the task will take two hours.
It all depends on the way you convey makes your supervisor convinced.
For this,
- You can list out the method of approach
- Associated time for each sub task
- Bind the quality that is expected and the time that is required to achieve
- finally re-insist that the task requires two hours.
Answer:
b. Technology
Explanation:
Since the company decides to improve its product design by adding additional features It is only technological changes that is most likely.
What is a Technological Change?
Any change that results in increased efficiency of products and increase in output or production.