Answer:
Price elasticity of supply = 2.25
Explanation:
Price elasticity of supply is defined as the degree to which quantity of a product supplied is sensitive to changes in price.
In a competitive market when the price of a good increases its supply also increases. This is because suppliers want to make more profit from the higher product price.
Price elasticity of supply = %∆ Quantity ÷ %∆ price
Price elasticity of supply = {(600 - 1000) ÷ (1000 + 600)/2}/ {(8 - 10) ÷ (10+8)/2}
Price elasticity of supply = -0.5 ÷ -0.2222
Price elasticity of supply = 2.25
Answer:
d. $465.00
Explanation:
Calculation for the amount of total unemployment taxes
FUTA tax rate $60.00
(0.8%×$7,500)
SUTA tax rate $405.00
(5.4%×$7,500)
Total unemployment taxes $465.00
Therefore the amount of total unemployment taxes the employer must pay on this employee's wages will be $465.00
Answer:
The Answer is as follows;
Explanation:
Dividend on preferred stocks=$10*7.5%=$.075
Transaction Costs=$1
Total financing Cost=$1.75
Which is 17.5% (1.75/10)
The market price is not relevant for company's cost of financing. Therefore we have taken dividend payable on face value and transaction costs of issue for purpose of determination of financing cost.
The reasons why it is crucial to form positive customer relationships as a novice entrepreneur are:
- Customers are the lifeblood of a business
- it gives the entrepreneur more information about the customer's problems and how they can be solved
- It builds trust and trust translates to improved buying decisions
- happy customers create more opportunities for your business.
<h3>What are the keys to positive customer relationships?</h3>
The keys to positive customer relationships are:
- great communication
- empathy
- Rewarding loyalty
- Seeking feedback
- consistency etc.
See the link below for more about Customer Relationships:
brainly.com/question/25656282
Answer:
communal culture
Explanation:
Communal environment or culture can be defined as a form of organisational culture under which workers are polite to each other as everyone thinks alike. Unique styles of cultures –the amount of different communities that a company may aspire for is virtually infinite in some sectors than in others.
A group culture may create a sense of ownership to its representatives, and is also mission-driven. Representatives of this party are typically very enthusiastic and inspiring. The negative aspect is they are too often dominant and representatives are barely vocal.