3 years ago

The ability of an office holder to avoid challenges from quality challengers is known as the __________ effect.

1 answer:

jeka943 years ago

4 0

The Scare-Off Effect. The Scare-Off Effect is the capability of the workplace holder to fend off challenges against tough opposition contenders, to some degree scholars talk about to as the "Scare-Off" effect. This is part of the Institutional advantages of office.

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Harrizon [31]

Answer:

Hourly

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Hourly because it says she's paid by the hour.

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Mr. Morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. He has a mortgage of $910 a month and pay

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the mortgage.

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For the first time in two years, Big G (the cereal division of General Mills) raised cereal prices by 4 percent. If, as a result

Ira Lisetskai [31]

Answer:

the coefficient of elasticity is 0.5. Thus, demand is inelastic.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

Price elasticity = 2/4 = 0.5

Because demand is less than1, big g has an inelastic demand.

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3 years ago

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