Answer:
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Explanation:
Answer:
Since the price of peanuts increased by 20% and the price elasticity of demand is 0.8, then the quantity demanded will decrease by 16%.
Since the decrease in quantity demanded is proportionally smaller than the increase in price, then total revenue for farmers not affected by the drought should increase.
E.g. 100 pounds of peanuts sold at $10 per pound, total revenue = $1,000
price increased to $12 (20% increase) and quantity demanded decreased to 84 pounds.
total revenue = $12 x 84 pounds = $1,008
Answer:
Encoding the message
Explanation:
Composing of an email by Jenna is the communication process of encoding message.
there are various stages of communication but the one in the above question is encoding of message.
Encoding a message means compiling or creating the message for the receiver with the aim of the receiver being able to understand the information and be able to reply as well.
Jenna sends the email using coded meanings as well as globally comprehensible words to create the email.
Cheers.
Characteristics of a project team are team meetings happen virtually or face to face.
<h3>Project team: What does that mean?</h3>
A project team or team is described as "an interdependent collection of individuals who work together towards a similar goal and who share responsibility for specific results of their organizations" in a project.
The five jobs that make up a project team—project manager, project team member, project sponsor, executive sponsor, and business analyst—are explained here, along with an explanation of each one's duties. Depending on the situation, a small business might have just one staff that works on many tasks. The group, for instance, might be working on a new product the following day after spending the previous day at a trade fair gathering sales leads.
To know more about project team visit:
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