Answer:
c. Equals to 1.5
Explanation:
Options are <em>"a. -lower than b. -higher than c. -equal to
"</em>
Expenditure multiplier = Change in real GDP / Change in spending
Expenditure multiplier = 9/6
Expenditure multiplier = 1.5
Thus, the expenditure multiplier is equal to 1.5
Answer:
The correct answer is letter "B": functional managers.
Explanation:
Functional managers are those in charge of carrying out the operations of a business. These types of executives receive orders from the company's owners -stakeholders- after an analysis of what course the firm should take according to current market conditions so the managers can implement the plan in the organization's activities.
Answer: (2) Demand-side market failure
Explanation:
The demand side market failure is one of the type of market effect that basically occur due to the production of the negative response and the effect by the various types of marketing techniques like surveys and the focus groups.
The market failure demand side is one of the type of economical situation in which the customers are willing to pay for the specific products and the services in the market which is not fully capture.
According to the given question, the demand- side market failure is one of the example that best illustrating the given situation. Therefore, Option (2) is correct answer.
The big difference between the CIO and the Chief Digital Officer is the responsibility for turning IT into a value creator, which is something that the CIO typically doesn’t have in most organizations.
<h3>How to compare the difference?</h3>
The chief digital officer is the leading digital business from the front in a way that most CIOs aren’t. It should be that most CIOs are not trying to think of new markets, new channels, or new business models that the organization should be getting and making that a top priority. .
The CIO is used to operate much larger operations. The Chief Digital Officers are very multidisciplinary, so they have a lot of different experiences, and they're very comfortable talking with marketing and sales in their language.
They’re very good at talking to the product teams in their language and operations in their language, and executives, and so on. And not to the same degree that we see the CIOs that don’t really talk the language of business .
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Answer:
$31 per hour
Explanation:
The predetermined overhead rate is computed as
= Estimated manufacturing overhead / Estimated direct labor hours
Given that
Estimate manufacturing overhead = $629,300
Estimated direct labor hour = 20,300
Therefore,
Predetermined overhead rate
= $629,300 / 20,300
= $31 per hour
