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sashaice [31]
3 years ago
8

There were some modifications to the seniority system during this decade.

Business
1 answer:
Aleks04 [339]3 years ago
6 0
1990s was the decade in which modifications to the seniority system were made. 
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At a price of $1.00, a local coffee shop is willing to supply 100 cinnamon rolls per day. At a price of $1.20, the coffee shop w
Julli [10]

Answer:

2.2

Explanation:

The formula for calculating price elasticity using the midpoint method is:

midpoint method = {(Q2 - Q1) / [(Q2 + Q1) / 2]} / {(P2 - P1) / [(P2 + P1) / 2]}

midpoint method = {(150 - 100) / [(150 + 100) / 2]} / {(1.20 - 1) / [(1.20 + 1) / 2]}

midpoint method = [50 / (250 / 2)] / [0.20 / (2.20 / 2)] = (50 / 125) / (0.20 / 1.1)  

midpoint method = 0.4 / 0.19 = 2.2

The advantage of using the midpoint method to calculate price elasticity is that we can calculate the price elasticity between two points, and it doesn't matter if the price increases or decreases.

If we calculate price elasticity using the single point formula:

price elasticity = % change in quantity supplied / % change in price = 50% / 20% = 2.5

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3 years ago
Due to increased corporate responsibilities, the manager of a sporting goods store has asked the assistant manager to take respo
Dahasolnce [82]

Answer:

B. Leadership

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Since in the question it is mentioned that manager permit the assitant to make the decision but also scheduled the weekly meeting

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Which of the following best describes the principle of asset allocation?
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