1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zhannawk [14.2K]
3 years ago
15

What is the impact of an increase in worker productivity when demand is relatively more​ elastic? A. An increase in sales revenu

e received by the firm. B. A small increase in the price received by the firm. C. A large increase in the price received by the firm. D. A decline in sales revenue received by the firm.
Business
1 answer:
natka813 [3]3 years ago
7 0

Answer:

A) An increase in sales revenue received by the firm.

Explanation:

If worker productivity increases, the total output produced by the company will increase while the average cost per unit produced will decrease. This should result in a rightward shift of the supply curve that decreases the product's price at every level of quantity demanded. Since the demand is elastic, a small decrease in price will result in a larger increase in quantity demanded.

You might be interested in
Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing individual and departmental goa
olasank [31]

Answer:

Information levels

Explanation:

Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing individual and departmental goals, and generating financial analysis across departments and the enterprise as a whole. Ben's duties provide value-added to his company and would be categorized as different information levels

Ben has to manage information on what we can say three different level; individual level which is developing individual goals, team or business unit , which according to the question is departmental goals and generating financial analysis across deparments and on a corporate level, which is the enterprise as a whole which will be reviewed by the executive teamand adding value to the company as a whole.

4 0
3 years ago
One year ago, you purchased 500 shares of stock for $22 a share. The stock pays $0.32 a share in dividends each year. Today, you
Vadim26 [7]

Answer:

Return on investment=12.81%

Explanation:

<em>Return on investment for a stock comprises of the capitals and dividend earned on the stock.</em>

<em>The capital gain is the difference between he cost of the shares when it was bought and the value when it is sold.</em>

Capital gain = (24.50 -22)× 500= 1250

Dividend earned for a year = 0.32× 500 =160

Total return = 1250  + 160 =1,410

Total return = $1,410

Cost of the shares= 11,000

Return on investment = total return/cost of shares× 100

                                     =1,410 /11,000 ×  100= 12.81

Return on investment=12.81%

3 0
3 years ago
Today, it is stressed even more that companies go beyond just making a profit and take into consideration the environment and ph
Westkost [7]
Corporate social responsibility
3 0
3 years ago
An increase in income is always possible with out increasing expenses.<br> O True<br> False
vaieri [72.5K]
The answer is true because you don’t always have to increase your expenses .
3 0
3 years ago
What do most business people think is the primary purpose of business?
diamong [38]

Answer:

To invest all profits back into the business

5 0
3 years ago
Read 2 more answers
Other questions:
  • The university system of georgia's cio believes the best way to collaborate with 31 independent-minded university cio's is to lo
    7·1 answer
  • Planning for the possibility that the plumbing in your house needs repair is part of a plan for _____. a. financing b. managing
    13·2 answers
  • The Great Depression changed attitudes toward the labor movement.
    8·2 answers
  • In november 2010 the labor force in siouxtown, was 14,800. there were 14,483 persons employed. the local unemployment rate:
    10·1 answer
  • Atlantic Corporation reported the following amounts at the end of the first year of operations: contributed capital $100,000; sa
    13·1 answer
  • The difference between the actual allocation base​ (actual quantity) and the amount of the allocation base that should have been
    13·1 answer
  • E-Flix rents DVDs that are mailed out to customers upon demand. E-Flix has identified three activities involved in getting the v
    14·1 answer
  • Competing companies deploy whatever means necessary to strengthen market position, including all of the following except Select
    13·1 answer
  • Patrick Guitman recently graduated from college with $20,000 in student loans and $5,000 in credit card debt. He usually makes m
    7·1 answer
  • In need of money, the owner of a ring prepared an email one evening proposing to sell the ring to a friend for $500, but only if
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!