Answer:
D) participative
Explanation:
A participative leader is someone who is really involved in the company's activities and will be willing to receive input or advice from different employees and staff members. The leader will be open to consider the opinions of different staff members during decision making processes.
The leader as well as his/her staff members will be able to access all the relevant information and discuss possible options. Some participative leaders will also be willing to decide important issues through majority votes that include the leader and important staff members.
Answer:
The value of the initial deposit = $1269
Explanation:
Given - Account balance of 1723.57 the interest rate of the account is 3.4% compounded daily.
To find - If the account was opened 9 years ago, what was the value of the initial deposit
Proof -
We know that,
If the interest rate is compounded n times per year at an annual rate r, the present value of a A dollars payable t years from now is:
![P = A(1 + \frac{r}{n} )^{-nt}](https://tex.z-dn.net/?f=P%20%3D%20A%281%20%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%5E%7B-nt%7D)
Here,
A = 1723.57
r = 3.4% = 0.034
n = 365 (because it is compounded daily )
t = 9
So,
we get
![P = 1723.57(1 + \frac{0.034}{365} )^{-365(9)}](https://tex.z-dn.net/?f=P%20%3D%201723.57%281%20%2B%20%5Cfrac%7B0.034%7D%7B365%7D%20%29%5E%7B-365%289%29%7D)
= 1723.57(1.000093151)⁻³²⁸⁵
= 1723.57(0.736396351)
= 1269.23066 ≈ $1269
∴ we get
The value of the initial deposit = $1269
Answer:
Relative responsiveness of consumer to change in price is called elasticity of demand.
Elasticity of demand here is 7.
Demand is highly elastic.
Cutting the price from $1.25 to $0.75, total revenue remains same as the elasticity of demand does not change.
Explanation:
Percentage change in quantity demanded due to percentage change in price.
Elasticity of demand=% change in quantity demanded/percentage change in price.
Small change in price caused a huge change in quantity demanded.
A concave mirror because a concave mirror can focus light rays to a point