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marissa [1.9K]
4 years ago
11

Suppose the elasticity of demand for cereal is 1. if cereal increases in price by 25 percent, how much will the quantity demande

d decrease by?12.5 percent
Business
2 answers:
solong [7]4 years ago
8 0

If cereal increases in price by 25% the quantity demanded will decrease by 25%. Elasticity of demand is what describes the sensitivity of price change with the change of demand in an item. In many situations, if a price increases by a certain amount it will also drop by the same amount in demand. Pricing directly relates to the demand and supply of a good or service.

notka56 [123]4 years ago
3 0
25 percent is the answer
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One criteria for deciding whether to have a server active all the time or have it start on demandusing a process server is how f
belka [17]

Answer:

The other criteria could be about the expected delay that is acceptable to customer in the processing time of the server.

Explanation:

If the customers are ready to accept a certain delay then it can help making the decision whether to keep the server permanently on, as it consumes high power.

Also if it is not used all the time then keeping it on all the time would be wastage of resources.

Thus, the scheduling of the expected time at which they use, and the acceptable delay would provide a proper criteria for this.

4 0
3 years ago
aylorism implies low-trust relations between employer and employees. therefore, direct control is needed to ensure that labor po
weqwewe [10]

Taylorism suggests low levels of trust between an employer and their workforce. To ensure that labor power purchased is converted into labor performed, direct control is therefore required. Managers are urged by this control question to identify methods of enforcing workers what they should do, how to perform it, within what parameters, and how quickly, and assess employee performance and impose penalties.

<h3>What is Taylorism in scientific management?</h3>

As a manager of mechanics, Frederick Taylor created the Taylorism tenet in order to achieve the most effective workplace practices.

Taylorism is a scientific management approach that divides up the many activities inside an organization so that workers can accomplish tasks as quickly as feasible. Therefore, the fundamental tenets of Taylorism as a scientific management system are best summarized as effective administration of workers and the requirement to take into account psychological and social factors as well as technical ones. It was developed as an industrial management philosophy in the nineteenth century to boost productivity. To do this, every stage of the industrial manufacturing process needs to be dissected, allowing for more specialized and efficient production.

To learn more about Taylorism, visit:

brainly.com/question/25089742

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8 0
2 years ago
Lee Siracca owns two horses, brews his own beer, participates in the civic arts commission, enjoys talk radio, hikes on wilderne
brilliants [131]

Answer:

component lifestyle

Explanation:

Component lifestyle -

It refers to the method of selectively buy certain services and goods , which are up to the mark of his or style or interest , is referred to as component lifestyle .

These type of people are very specific and selective in nature .

Hence , require the characteristic features of their likes and dislikes , while choosing any product .

Hence, from the given scenario of the question ,

The correct term is component lifestyle .

5 0
3 years ago
Instead of treating mobile commerce and traditional retailing as separate retail channels, the National Retail Federation recomm
Hitman42 [59]

Answer:

Omni-channel

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question the integrated strategy being described within the question is called Omni-channel retailing. This is a strategy that emphasizes simultaneous communication between different communication channels and their supporting resources in order to provide a better user experience.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
A company is considering the purchase of a new piece of equipment for $117,200. Predicted annual cash inflows from this investme
monitta

Answer:

3.79 years

Explanation:

In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:

In year 0 = $117,200

In year 1 = $53,000

In year 2 = $21,500

In year 3 = $26,500

In year 4 = $20,500

In year 5 = $23,000

If we sum the first 3 year cash inflows than it would be $101,000

Now we deduct the $101,000 from the $117,200 , so the amount would be $16,200 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it

And, the next year cash inflow is $20,500

So, the payback period equal to

= 3 years + $16,200 ÷ $20,500

= 3.79 years

In 3.79 years, the invested amount is recovered.  

8 0
3 years ago
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