Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
When Men's Wearhouse fired a salesperson who wasn't sharing walk-in customer traffic, and total clothing sales volume among all salespeople increased significantly, the company reduced destructive internal competition.
<h3>What is a destructive competition?</h3>
- Multiple producers being driven out of the market by competition.
- When there are numerous manufacturers of a good, prices are frequently driven down to the point that nobody makes a profit, which is when destructive competition takes place.
<h3>What do you mean by internal competition?</h3>
- The aforementioned components are the foundation of our concept of internal competition, which is senior management-sanctioned duplication or overlap of activity within the firm's boundaries in an effort to resolve market or technology uncertainties.
<h3>Is competition is constructive or destructive?</h3>
- However, competition can really be divided into two types: healthy competition and unhealthy competition.
- Two competitors may work better together or may just cause mutual stress, similar to waves crashing into one another to create a larger wave.
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The information that the statement columns in the end-of-period spreadsheet mean to the accountant is the accounts have not been updated and a net income of $41,388. The correct option is b and c.
<h3>Who is an accountant?</h3>
An accountant is a person who manages and calculates the accounts or finance of a company, a firm, or a person. He calculates the capital of the person, manage taxes and give advice about the finance of the person.
Given that, debits are $26,754 and credits are $68,142. If we subtract the debit from the credit. We see a net income of $41,388.
Thus, the correct option is b. the accounts have not been updated. c, net income of $41,388.
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AP courses are part of the College Board organization that requires students to take a rigorous test at the end of the course to potentially earn college credit. A dual credit course on the other hand is an official course at Loyola University Chicago.
Answer:
A) 3% decrease in the quantity demanded of pineapple.
Explanation:
We know that the demand curve is negative, which means that as price of a product increases, its demand will decrease.
In unitary elasticity(1) the change in demand means that the change in quantity demanded will be the same. A 0.75 elasticity will thus mean that the quantity demanded will change by a factor of 0.75 as compared to the change in price.
Therefore when the price of pineapple increases by 4%, the quantity demanded will decrease by 4 * 0.75 = 3%
