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igor_vitrenko [27]
2 years ago
10

For people who live near a bus route, a subway station, or a commuter rail line, public transportation provides a substitute to

driving their own cars. So, for these people, the cross-price elasticity of demand between gasoline and public transportation is ____
Business
1 answer:
Tom [10]2 years ago
5 0

Answer: Positive.

Explanation:

Suppose there are two related goods, i.e, Good A and Good B.

Cross price elasticity of demand refers to the responsiveness of demand for Good A if there is a change in the price of its related good, i.e, Good B.

Now, we are talking about gasoline and public transportation, suppose if there is increase in the price of gasoline then it will be costlier for the people to drive their own cars, as a result demand for public transportation increases.

There is a positive relationship between the gasoline and public transportation.

Hence, cross-price elasticity of demand between gasoline and public transportation is Positive.

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Ingvar Kamprad’s influence over IKEA may have even been stronger than that of Sam Walton over Walmart because IKEA is a privatel
julia-pushkina [17]

Answer:

There are similarities in the way businesses are run, but the management and influencing capacity on both are completely different.

Though during the founding days both the organizations, IKEA and Walmart operated under direct influence of the founders.

Also,  power and responsibility is more shared, though there would be some adaptation and conflict changes that is expected, but it is differently structured than Walmart and would not suffer much.

Explanation:

Solution:

Now,

There are similarities in the way businesses are run, but the management and influencing capacity on both are completely different.

Though during the founding days both the organizations, IKEA and Walmart operated under direct influence of the founders.

Where as Walmart still had a lot of key decisions directly made through the founders,

  • Key global expansion
  • Key local management

Everything was micro managed from the HQ through Sam.

But after the few years of success, the model of IKEA remained same but they went to several countries and became more regional.

Global decisions were made from The HQ under the direct supervision of Ingvar  But all the key regional war was given to a CEO, who had all the decisions to make.

This way there was a lot of power sharing and responsibility distributed. In case of any problem, HQ has interruptions to make it correct.

This implies power and responsibility is more shared, though there would be some issues and adaptation changes that is expected, but it is differently structured than Walmart and would not suffer that much.

Therefore, No the effect would not be similar to that of Walmart leadership transition.

7 0
3 years ago
The firm negotiates a new agreement with its workers for lower wages. The ATC curve should be __________ and the AFC curve shoul
WINSTONCH [101]

Lower; unchanged

  • Average total cost (ATC) in economics is calculated as total fixed and variable costs divided by the number of units produced. The normal shape of the average total cost curve is a U, meaning it drops, bottoms out, and then rises. The total cost of an organization is the sum of its fixed and variable costs.
  • The vertical summation of AFC and AVC must be obtained in order to graph average total costs (ATC). Plot the points as shown on the left after adding the two at each output level. Because it is the result of adding the AFC and AVC curves, the ATC curve is higher than the other two. You can see that it is U-shaped, just like the AVC curve, on the left.

Thus this is the answer.

To learn more about curve, refer: brainly.com/question/25109150

#SPJ4

4 0
2 years ago
PLEASE HELP ASAP!!!! CORRECT ANSWERS ONLY PLEASE!!!!
inessss [21]
Omg! Do you do k12? Me too!
Financing is usually investing in businesses. So looking at the answers. . . 
I think it's using a credit card to pay for purchases.
If it's wrong I completely apologize! 
Hoping this helps!
8 0
3 years ago
Which statement explains why people benefit from making a budget?
rusak2 [61]
C)people have scare resources and must make choices
8 0
2 years ago
An advertising agency wants to test the hypothesis that the proportion of adults in a country who read a sunday magazine is 25 p
lana66690 [7]

An advertising agency wants to test the hypothesis that the proportion of adults in a country who read a sunday magazine is 25 percent. the null hypothesis is that the proportion reading the sunday magazine is: (b) Equal to 25%

<h3>Further explanation</h3>

Hypothesis is an idea / explanation that you can test through study and experiments. The six most common forms of hypotheses are:

  1. Simple Hypothesis.
  2. Complex Hypothesis.
  3. Empirical Hypothesis.
  4. null Hypothesis ("H0")
  5. Alternative Hypothesis ("H1")
  6. Logical Hypothesis.
  7. Statistical Hypothesis.

There are some step in the makeing of hypothesis process

  1. Ask a question.
  2. Do background research.
  3. Construct a hypothesis.
  4. Test the hypothesis by doing an experiment.
  5. Analyze data and draw a conclusion.
  6. Communicate the results.

In statistical hypothesis testing, the alternative hypothesis and the null hypothesis are the two rival hypotheses.

A null hypothesis (H0)  is a statement which is no relationship between two variables, because it is a type of hypothesis which used in statistics that proposes no statistical significance exists in a set of given observations. Whereas an alternative hypothesis is statement in which there is some statistical significances between the two measured phenomenon.

<h3>Learn more</h3>
  1. Learn more about the null hypothesis brainly.com/question/1578554

<h3>Answer details</h3>

Grade:  9

Subject:  business

Chapter:  hypothesis

Keywords: the null hypothesis

<h3 />
3 0
3 years ago
Read 2 more answers
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