Technology has been very useful for the education. Teachers have found ways in order for technology to be more beneficial rather than detrimental to students. The use of televisions for certain classes allows the students to properly visualize the topics. Also, social media have been grounds for teachers to share their materials to the students and students to their co-students.
Answer:
Social
Explanation:
Social responsibility refers to an individual or organization's obligations towards society to protect and preserve environment and natural resources. Organizations are supposed to earn profits without hampering the environment.
Here, King Mechanic earns profit but fails to fulfill social responsibility of disposing used oil safely as instructed in the environmental regulations.
Answer:
The correct option is C.
Explanation: Price elasticity is the measure of the rate of change in the level of quantity demanded due to a change in the level of price.
Price elasticity is usually negative, this means that it follows the law of demand; as price increases quantity demanded decreases.
Also, another incidence that can affect price elasticity is an availability of cheaper alternatives. If cheaper alternatives of a particular product are introduced into the market, the demand for that product will reduce, because consumers will abandon it for its cheaper alternatives, thereby driving the elasticity of that product higher.
Therefore, in the scenario given above, the elasticity is higher than -1.2 because there are new brands that have just been introduced into the market.
Answer:
I think the answer is C need .... opportunity
Answer:
group 1 Markup = 0.333
group 2 Markup = 0.25
group 1 price = $79.98
group 2 price = $75
Explanation:
given data
Group 1 elasticity of demand = -4
Group 2 elasticity of demand = -5
marginal cost = $60
to find out
optimal markups and prices under third degree price discrimination
solution
we get here Under Markup pricing that is for group 1 and 2 is
Markup is =
.....................1
so for group 1 Markup = ![\frac{1}{- (-4) - 1}](https://tex.z-dn.net/?f=%5Cfrac%7B1%7D%7B-%20%28-4%29%20-%201%7D)
group 1 Markup = 0.333
and
for group 2 Markup =
group 2 Markup = 0.25
and
price will be
price = ( 1 + markup) × Marginal cost ...................2
group 1 price = ( 1 + 0.333 ) x 60
group 1 price = $79.98
and
group 2 price = ( 1 + 0.25 ) x 60
group 2 price = $75