Answer:
Managers' risk of job loss, loss of compensation, and/or loss of reputation.
Explanation:
Managerial employment risk is basically the risk of loss associated to the managers for being a manager.
It not only involves the loss of losing job, but as the person is a manager there is a serious risk attached in the form of loss of reputation and not getting any other job in the market because of poor reputation.
As the managers are responsible for the functioning of any company, and that the performance is equally important and represents the performance of a manager.
If company performs good the manager is called efficient whereas if the company do not perform good, the manager is called inefficient.
Accordingly, a manager faces the risk of losing job, reputation and without even getting any compensation.
Answer:
b. small percentage changes in the price will lead to much larger percentage changes in the quantity demanded.
Explanation:
Price elasticity of demand is a measure of how responsive is quantity demanded to change in price. Its formula is given by:
= 
= % Change in Quantity Demanded / % Change in Price
So when absolute value is greater than 1, a x percentage change in price will lead to larger than x percentage change in quantity demanded.
<u>Note</u>: Whether the percentage change in quantity demanded will be just a little or very much larger than percentage change in price will depend on how much is larger than 1. But b is the still the best answer among the options.
Multiply 0.13 by 75: $9.75.
Multiply that by 5: $48.75.
The time length of the warranty base on the information is 3.3 years.
<h3>How to calculate the time length?</h3>
Based on the complete information, the time length of the warranty will be:
(x - 7)/1.9 = -1.944
x = 7 - 3.6936
x = 3.3 years.
Therefore, the time length is 3.3 years.
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