Answer:
Elastic demand
Unit elastic demand
Inelastic demand
Explanation:
Elasticity of demand measures the degree of responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded/ percentage change in price.
Denand is elastic if when price is increased, the quantity demanded changes more than the increase in price. Quanitity demanded is more sensitive to changes in price.
If price is increased, the quantity demanded falls and as a result the total revenue earned by sellers falls.
The elasticity of demand is usually greater than 1 when demand is elastic.
Demand is unit elastic if a change in price has the same proportional change on quantity demanded. The coefficient of elasticity is equal to one.
If price is increased, the quantity demanded changes by the same proportion so there's no change in total revenue of sellers.
Demand is inelastic if a change in price has little or no effect on quantity demanded.
Coefficient of elasticity is usually less than one.
If price is increased, there is little or no change in the quantity demanded and as a result the revenue earned by sellers increase.
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Answer:
you provide settings where employees have the opportunity to converse with all levels of management.
Explanation:
In simple words, employees feel motivated and values when they fell involved in the decisions inside the organisation, as these decisions affects them too.
Generally, the core decisions in any organisation are taken by top managers but they too are dependent on lower level managers for the data they receive. Hence, a network should be set for employees so they can give their suggestions to all levels of managers.
<span>The term applied to the periodic expiration of a plant asset's cost over its life in a balanced and orderly way is depreciation. It is not process for valuation nor is process that results in gathering of cash. Land expenses are not subject to depreciation.</span>
Answer:
the variable cost ratio is 60 % (option d)
Explanation:
The variable cost ratio (VCR) represents the ratio of variable costs to sales. Therefore
VCR = (total variable costs)/(total sales)
since
total variable costs = variable costs * services provided = $21/hour * 12000 hours/year = $252000 /year
total sales = price of service * services provided = $35/hour * 12000 hours/year = $420000 /year
thus
VCR = ($252000 /year) / ($420000 /year) = 0.6 = 60 %
Costs identified as indirect labor should be charged to manufacturing overhead.
Labor economics, or labor economics, seeks to understand the functioning and dynamics of the wage labor market. Labor is a commodity offered by workers, usually in exchange for wages paid by sophisticated firms.
If you have regular contractions that cause changes in the cervix, they are contractions. Contractions occur when the muscles in the uterus contract and then relax. Contractions help push the baby out of the womb.
In the three stages of labor, the body prepares the baby for birth (stage 1), delivers the baby (stage 2), and delivers the placenta (stage 3). During labor, your body uses contractions to dilate and close the cervix.
Learn more about labor here:brainly.com/question/453055
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