4 years ago

Demand is said to be elastic if:

Business

1 answer:

Len [333]4 years ago

7 0

Answer:

d. buyers respond substantially to changes in the price of the good.

Elastic demand is when a change in price causes a higher percentage change in the demand of the good, so when buyers respond substantially to changes in price of good it means that the percentage change in the demand is more than the percentage change in price.

Explanation:

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Today's managers understand that the success of any effort at improving quality and productivity must include ________.

Alexus [3.1K]

Answer:

d. employees

Explanation:

As we know that the success of an organization would depend upon the performance of the employees and the quality than the company provides to its clients and the customers

Also at the same time the manager understand this that the success is based on the effort done by the employees in terms of productivity and the quality

Therefore as per the given options, the option d is correct

ANd, the rest of the options are incorrect

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3 years ago

An energy efficiency project has a first cost of $400,000, a life of 10 years, and no salvage value. Assume that the interest ra

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Answer:

a) What is the expected annual savings and the expected PW?

Expected annual savings = ($80,000 x 20%) + ($50,000 x 55%) + ($40,000 x 25%) = $53,500

b) Compute the PW for the pessimistic, most likely, and optimistic estimates of the annual savings. What is the expected PW?

PW of expected annual savings = ($53,500 x 6.145) - $400,000 = $328,757.50 - $400,000 = $71,242.50

c) Do the answers for the expected PW match? Why or why not?

Expected PW = ($91,600 x 20%) + (-$92,750 x 55%) + (-$154,200 x 25%) = -$71,242.50

Yes, they match.

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3 years ago

As the business grows:

tamaranim1 [39]

Answer:

As the business grows: salaries and wages will go up as output increases

Explanation:

If a business tends to grow the salaries of the workers will go up and wages will increase too because now there s more output compared to when the business started and you will have to probably hire more workers or pay for overtime.

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