With a 100 percent over the same period, change in real output is $0 million
With a 0 percent increase in price, the change in real output is $100 million.
What is the expected revenue based on 100% increase?
The expected revenue based on the 100% increase in price of mined gold is $200 million, which means that if the actual revenue is $200 million, then it means the real output change is $0.
However, if there was no 0% change in price of newly mined gold, then the real output change is the excess of the next year forecast sales revenue over the current year actual sales revenue which is $100 million($200 million-$100 million)
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Full question:
Suppose that Glitter Gulch, a gold mining firm, increased its sales revenues on newly mined gold from $100 million to $200 million between one year and the next. Assuming that the price of gold increased by 100 percent over the same period, by what numerical amount did Glitter Gulch’s real output change? If the price of gold had not changed, what would have been the change in Glitter Gulch’s real output
Answer:
If an incident is too large or too complex and it exceeds the span of control of one single Incident Commander, the ICS may appoint staff positions, called Section Chiefs to help the Incident Commander oversee different components of the operation. These staff positions include doers (operational staff), thinkers (planning staff), getters (logistics staff) and payers (financial staff).
Explanation:
One of the main principles of the ICS is to limit the span of control of individuals. For example, usually when a supervisor has more than seven people under his/her control, or directly reporting to him/her, the supervisor needs to divide tasks with another supervisor or another person to lower responsibility and span of control.
Answer:
anything expressed in dollars
Explanation:
In the case when there is an inflation that makes specific things less valuable in the real terms is the thing that expressed in dollars
As per the given options, the full scholarship of college, real estate and the fixed month pension payment represent the more valuable
But the remaining option i.e. anything expressed in dollars show the less valuable
So, the same is to be considered
Lewin's three stage change process include the steps 'Unfreeze', 'Change' and 'Refreeze'. Jeenny's decision to recruit five employees illustrates the 'Unfreeze' step. It is the first step in a change management process. This step includes determining what needs to be changed. After she discovered that not delivering the customer orders on time is the problem and that is due to the insufficient manpower, she has decided what to do. This resembles the 'Unfreeze' step in the Lewin's three stage change process.