Let's suppose that the demand for allergists increases in California. assuming there is a perfectly competitive market for allergists in California :
Allergists from other states (or countries) could move to California.
Surgeons, hematologists, and other doctors in California could become allergists after some retraining.
More people could enter medical school, specialize in allergies, and move to California.
A competitive market is an economic term that refers to a market in which there are a large number of buyers and sellers and no single buyer or seller can influence the market. A competitive market has no barriers to entry, many buyers and sellers, and homogeneous products.
In economics, especially general equilibrium theory, perfect markets, also called atomistic markets, are defined by several idealized conditions collectively known as perfect or atomistic competition.
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Answer:
($1,100,000)
Explanation:
Given that
Loans made to affiliated corporations = $1,400,000
Proceeds from sale of Equipment = $300,000
The computation of net cash provided (used) by investing activities is here below:-
Net cash provided(used) by investing activities = (Loans made to affiliated corporations) - Proceeds from sale of Equipment
= ($1,400,000) - $300,000
= ($1,100,000)
So, for computing the cash provided(used) by investing activities we simply applied the above formula.
Answer: Negligence of duties
Explanation:
As a board member it's one of his primary duty to keep abreast of the firm performance. Not been aware for a year on the excuse of not been informed and not seeking to find out personally shows a negligence of duties.
Answer:
The correct answer is Demand is inelastic, but not perfectly.
Explanation:
Inelastic demand is that demand that is not very sensitive to a change in price. In this way, before a variation in the price the quantity demanded reacts in a less than proportional way. For example, if the price increases by 10% and in response the quantity demanded is reduced by less than 10%, then the demand is said to be inelastic.
The elasticity of demand, also known as the elasticity-price of demand, is defined as the percentage change of the quantity demanded before a percentage change in the price.
Answer:
d. Strategy implementation.
Explanation:
Strategic implementation is the process of putting the strategy into action.
After strategic planning, which is the definition of the action plans necessary for a company to achieve the defined objectives and goals, it is the phase of strategic implementation, which is the process of executing the plans defined in the planning stage.
Therefore, when implementing the strategy in an organization, it is necessary that the action plans are constantly monitored, so that the managers can have knowledge of the performance of the designed strategy, to prevent failures, correct some essential factor for the effectiveness of the action plans, monitor the internal and external environment, monitor the performance of employees, etc., in order to seek continuous improvement of the company's strategic action processes to achieve the expected objectives.