The power and responsibilities of the top management of a corporation is : A. they manage the day to day operations of the corporation
For example, if you're a Relationship manager, you are obliged to handled all the things related in maintaining good relationship with the customers
hope this helps
Answer:
B) 1,160.
Explanation:
First we must calculate planned aggregate expenditures (PAE) and then determine where Y = PAE:
PAE = consumption + planned investment + government spending + net exports = 100 + 0.75(Y - 40) + 50 + 150 +20 = 100 + 0.75Y - 30 + 50 + 150 + 20 = 290 + 0.75Y
Now we must determine where Y and PAE intercept:
Y = 290 + 0.75Y
Y - 0.75Y = 290
0.25Y = 290
Y = 290 / 0.25 = 1,160
*Planned aggregate expenditure = total planned spending, it differs from GDP because GDP includes unplanned investment.
PAE = C + Ip + G + NX while GDP = C + I + G + NX
Of course, in order for the product to be competitive in the market, it should have the same price or lower to the products with same utility, so the verdict of the consumers, depends on how varied the product is compared to its competitors. Thus, it is true that companies often try to gain more control over pricing by attempting to differentiate their products.
