Answer:
C. Product A has more elastic demand than product B.
Explanation:
The graph plotted above shows the quantity demanded for 2 products in relation to their prices.
Looking at the graph, we visually conclude that product A is more responsive to a change in price, compared to how responsive product B is to a change in price.
Invariably, a change in the price of commodity A causes a greater change in the quantity demanded, compared to a change in quantity demanded for product B, with almost the same change in price.
Option C is the answer.
Answer:
Financial literacy is a set of skills and knowledge that allows one to make effective decisions with their financial resources.
Explanation:
Why is it important? Well, being financially literate ensures financial stability and security. It also allows you to have a variety of different financial skills; such as creating a budget, understanding how credit works, being able to save for retirement, and becoming wiser with how to manage your money.
Hope this helps! Have an amazing day! :D
Answer:
I'm not 100% but I strongly believe it is A. as after the Civil War post 1860's the Industrial Revolution took over the nation and a majority of laborers/workers were doing Industrial work.
Explanation:
Answer: Brand manager
Explanation:
The decentralized system is one of the type of organizational firm that basically managing all the operations and the functions of the firm. The decentralized system helps in taking the various types of effective and major decisions in an organization.
The main responsibility of the brand manager in the decentralized system is that it helps in adopting the various types of strategies for the purpose of achieving the given target in an organization by maintaining the brand integrity.
According to the given question, the brand manager is basically responsible for managing the overall sales management, planing, budgeting and also the total performance of the company profit.
Therefore, Brand manager is the correct answer.
Complete Question:
Determine the utilization and the efficiency for each of these situations:
a. A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 10 loans per
day and an effective capacity of 8 loans per day.
b. A furnace repair team that services an average of four furnaces a day if the design capacity is six furnaces a day and the
effective capacity is five furnaces a day.
c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than
those other systems? Explain.
Explanation:
It's not (true) actually. Whether the design capacity is comparatively (high), the utilisation could be (low) even though the efficiency was (high).
Utilisation = Output / Design capacity = 
x 100%
Efficiency = Output / Effective capacity = 
Utilisation = 
Efficiency = 
U = 1000/2000
e = 1000/1000
