Answer:
decreasing its variable costs by at least 15%
Explanation:
<u>Big Bus Lines case study:-</u>
The firm has reduced the price of the ticket by 15%. There are a number of ways through which the firm, Big Bus lines can still profitable. The correct option is:-
<u>decreasing its variable costs by at least 15%</u>
<u>Variable costs:-</u>
They the costs which change as quantity of services or goods which are produced by the business changes. Variable costs are sum of the marginal costs over all the business' units produced.
<u>Thus, reducing the costs by same percentage can help the firm to remain profitable.</u>
Answer: Negatively
Explanation:
Enlightenment ideas were not completely against monarchs but did have problems with the absolute nature of the rule of said monarchs.
Before Enlightenment, monarchs generally ruled as they pleased with the logic being that they had the right to rule from God and so had the right to control the nation as their personal property.
Enlightenment was against this and instead espoused the logic that a monarch was only able to rule due to a social contract signed between them and the people whereby they would be allowed to rule provided they took care of their subjects.
Monarchs reacted to this with negativity because it meant that they had to stop being so selfish with resources and had to share power with the people. As time went on however, and with constant pressure on them, they had to relent and it led to the dissolution of several monarchies in Europe and the transition of others to Constitutional Monarchies.
An amendment can be proposed by a two-thirds vote in each house of Congress and then ratified by three-fourths of the states in conventions called for that purpose. A national convention called by Congress at the request of two-thirds of the state legislatures may propose an amendment.
Article V of the Constitution specifies two procedures for proposing amendments to the document. Amendments may be proposed by the Congress, through a two-thirds vote on a joint resolution, or by a convention called by Congress in reaction to applications from two-thirds of state legislatures.
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A good example of this is water bottles, we now have alternate bottles that are reusable and since they’re reusable, it’s less waste
