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soldi70 [24.7K]
3 years ago
8

If demand for farmer​ john's maple syrup is​ inelastic, then when farmer john raises the price of maple​ syrup, his total revenu

e will
Business
1 answer:
dybincka [34]3 years ago
7 0

If demand is inelastic, this means that the amount demanded doesn't change with the increase of price. In this case, if John were to raise prices, we assume that quantity demanded would stay the same and John would make more revenue.

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The __________ perspective of management, which emerged from the Industrial Revolution, focuses on improving the efficiency, pro
BartSMP [9]

Answer:

classical or scientific

Explanation:

Classical or scientific management was developed by Frederick Taylor, Max Weber and Henri Fayol. It focused on material needs. Companies needed to improve profits by improving productivity and efficiency, while workers were supposed to be only motivated by the salary that they could earn. This theory has a lot of flaws, but you must remember that it was developed more than 100 years ago.

8 0
2 years ago
Banks pay their customers interest on the money in their accounts for what reason? A. That money earns interest when the bank lo
Bezzdna [24]

Answer:

A. That money earns interest when the bank loans it out.

Explanation:

Banks pay their customers interest on the money in their accounts because that money earns interest when the bank loans it out.

4 0
3 years ago
Robert has a monthly income of $1,650.00. His monthly mortgage payment is $675.00. What percentage of his income does Robert spe
makkiz [27]

Answer:B.40.9%

Explanation:

If $675 spend on mortgage and his monthly income is $1650

So the percentage will be:

$675 / $1650 × 100

= 0.409 ×100

= 40.9%

6 0
3 years ago
The College Bookstore sells a unique calculator to college students. The demand for this calculator has a normal distribution wi
Strike441 [17]

Answer:

Option (A) is correct.

Explanation:

Given that,

Mean daily demand, M = 20 calculators per day

Standard deviation, SD = 4 calculators per day

Lead time for this calculator, L = 9 days

z-critical value (for 95% in-stock probability) = 1.65 (From z tables)

Normal consumption during lead-time:

= Mean daily demand × Lead time

= 20 × 9

= 180 units of calculator

Safety Stock = z value × SD × L^(0.5)

                     = 1.65 × 4 × (9)^(0.5)

                     = 1.65 × 4 × 3

                     = 19.8 units

Reorder Point = Normal consumption during lead-time + Safety Stock

                        = 180 units  + 19.8 units

                        = 199.8 or 200 units (Approx)

5 0
3 years ago
The Hutters filed a joint return for 2019. They provide more than 50% of the support of Carla, Ellie, and Aaron. Carla (age 18)
sergey [27]

Answer:

Hutters can be claim two dependents

Explanation:

we know here that Hutters can be claim two dependents

because here given Carla and Ellie as Aaron meets neither the residency nor citizenship requirement

but Carla is a qualifying relative and is under the age of 24

but Ellie is above 24 but is a qualifying relative as scholarship is non-taxable

so

we can say that answer is two

8 0
2 years ago
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