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user100 [1]
3 years ago
5

The price elasticity of demand if the price of a pint falls from $8 to $6 is

Business
1 answer:
melamori03 [73]3 years ago
6 0
It means to say that the demand of the product is decreasing.  The relationship between the price and demand is one way. It means to say that if the price increases, the demand is higher. In this scenario, the price increases to avoid shortage on the product. If the price is decreasing, it means to say that the demand is decreasing and can possibly cause surplus on the said product. Lowering the price allows consumers to have higher purchasing power and enticing them to purchase such product.
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At contract maturity the value of a call option is ___________, where X equals the option's strike price and ST is the stock pri
horsena [70]

Answer:

A. Max (0, ST - X)

Explanation:

call option which is also known as a "call", can be regarded as a contract, that exist between both buyer as well as the seller of the call option, in so that security exchange at a set price can occur. It should be noted that At contract maturity the value of a call option is Max (0, ST - X) where X equals the option's strike price and ST is the stock price at contract expiration.

8 0
3 years ago
Organizational portfolio plan, the final phase of the strategic planning process, involves?
Mnenie [13.5K]

The main purpose of organizational portfolio plan is to ensure that the high-level strategy that the organization is implementing translated to an actual workable plan that is measurable and specific enough to be executed by the relevant business functions responsible.

A gap between strategy and executed plans are a very common business problem to encounter in various industries. Thus, the best answer for the question is (A) identifying strategic business units (sbus) and establishing methods to determine how resources should be allocated among the various sbus.

3 0
3 years ago
Based on the above table, which services-providing industry gained the most jobs between 1996 and 2006?
guajiro [1.7K]
Its B, Professional and business services. I just took the test.
7 0
3 years ago
Read 2 more answers
Which of the following is NOT a way that the Fed controls the money supply?
Grace [21]

Answer:

A-Changing federal income tax rates

Explanation:

The Fed controls the money supply using monetary policy tools. Monetary policy is either expansionary or contractionary. The Fed chooses which policies to apply depending on the prevailing economic conditions.

Monetary policy tools available to the Fed include reserve requirements, interest on reserves, open-market operations, discount rates, and the federal fund rate.

The Fed does not set the federal income tax rates. Taxes are part of the fiscal policy applied by the executive arm of government. The government alters taxation to achieve desired macroeconomics objectives.

7 0
3 years ago
The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called
Juli2301 [7.4K]

The question is incomplete:

The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called:

a. Ethnocentric staffing policy

b. Polycentric staffing policy

c. Geocentric staffing policy

d. None of the above

Answer:

Geocentric

Explanation:

-Ethnocentric staffing policy is when a business that has global operations seeks the people for key positions from the home country.

-Polycentric staffing policy is when a company seeks employees in the home country for positions in the headquarters and people from other places for the other offices abroad.

-Geocentric staffing policy is when a company seeks the best person for each position without considering the nationality or culture.

According to this, the answer is that the staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called geocentric staffing policy because the company only focuses on the person that best fits the position without considering the nationality.

6 0
3 years ago
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