Percentage change in quantity demanded/percentage change in price is the basic formula for the price elasticity of demand coefficient.
<h3 /><h3>What is price elasticity?</h3>
Price elasticity is the degree of an individual that person or a consumer can pay to the change in the price of the commodity, it is calculated the price a consumer is willing to pay versus the amount of quantity supplied to the person.
Thus, Percentage change in quantity demanded/percentage change in price
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Answer:
Option (C) is correct.
Explanation:
Return on the stock = (Dividend ÷ Investment) + (capital gain ÷ investment
)
= (Dividend ÷ Investment) + (Final price of the stock - initial price of the stock) ÷ Investment
10 = (1 ÷ 20) × 100 + ((final price - 20) ÷ 20) × 100
10 = 5 + 5 × ( final price - 20)
Final price = 21
Therefore, the stock price should increase by [(21 - 20) ÷ 20] × 100
= 5%
Answer: b. The leaders should find ways to enable the employees to see the value in changes that are needed for the organization to succeed
Explanation:
With regards to the information given in the question, the best option will be for the leaders to find ways to enable the employees to see the value in changes that are needed for the organization to succeed.
In every organization, communication is key between the management and the employees. In this case, the leaders should inform the employees about the reason that they are taking the decision and how the decision will have an impact on the organization.
Taking legal steps against the employees or laying them off isn't the right thing to do. The employees should be made to see the value in the changes to be made.
Therefore, the correct option is B.