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enot [183]
3 years ago
7

When the price of a cell phone increases by 5 ​percent, the quantity of cell phone calls demanded decreases by 3 percent. calcul

ate the cross elasticity of demand for cell phone calls with respect to the price of a cell phone?
Business
1 answer:
Ratling [72]3 years ago
7 0

To calculate the cross elasticity of demand you divide the percent change in quantity by the percent change in price.

5/3 = 1.666

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You have been appointed to lead an existing group. Your boss, who informed you of the assignment, made these comments: "These pe
Aneli [31]

Answer:

This is a group that can be defined by its <u> high cohesiviness and low performance norms.</u>

Explanation:

In this case, the new leader must focus on solving this problem that already exists where team members have high cohesion, but who have a low performance with regard to compliance with internal rules and procedures.

The ideal in this case would be for the leader to review the set of company policies and standards and seek to establish new rules and procedures for living and working together.

Having a cohesive team is not a weakness for an organization, the ideal is to know how to exploit the potential of each member of that team, so that each one delivers to the company an effective job that contributes to the achievement of the objectives and organizational goals.

The manager can also invest in training, redesigning the layout of work and tasks, setting deadlines for completing activities, delivering warnings to ward off inappropriate behavior during working hours, etc.

4 0
4 years ago
Balance of payments is a ____ concept than balance of trade. a. broader b. more difficult c. nearly identical d. less difficult
Butoxors [25]

Answer:

A) broader

Explanation:

Balance of trade is simply the difference between the total amount of goods that a country exports minus the total amount of goods that the country imports.

While the balance of payments includes all the economic transactions that a country has with the rest of the world, including the balance or trade, balance of services, capital account, and total unilateral transfers.

3 0
3 years ago
Production runs can be scheduled in A. only one shift B. always two shifts C. one or two shifts D. up to three shifts 2. Hiring
BigorU [14]

Option C

Production runs can be scheduled in one or two shifts

<u>Explanation:</u>

A production run is several factors that are offered continuously by a production line. It is normal for a factory to create one kind of thing coveted levels of inventory are obtained. An assortment of related goods that are designed by employing a particular group of construction methods, means or circumstances.

Up to twice the production line's First Shift Capacity can be cataloged for all products. The production runs that pass the First Shift Capacity occur in unless Overtime and/or a Second Shift, depending on the Operator Complement.

8 0
4 years ago
In 2011, Britney taught music and earned $20,000. She also earned $4,000 by renting out her basement. On January 1, 2012, she qu
ivolga24 [154]

Answer:

Explicit Costs: 1500+1750 = 3250.

Explicit Cost is the cost that is tangible and can be seen.

Implicit Costs & Opportunity Costs: 20000+4000 = 24000.

Implicit cost and opportunity cost will be the same here because they both represent the intangible cost that is foregone by choosing the next best alternative.

Economic Profit: Revenue - Explicit Costs - Implicit Costs

Therefore, the economic profit in this question will be,

45000-3250-24000 = $17480.

Although Britney is earning a profit of $17480 in 2012, from economic viewpoint, she is operating at loss because she could have earned $24000(Rent+Music) by just doing what she was doing previously.

Hope my answer helps you. Good luck.

7 0
4 years ago
Question 2 of 10
damaskus [11]

Answer:

health insurance

Explanation:

4 0
2 years ago
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