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2 years ago

Which statement about attitude is correct?

Business

2 answers:

alexira [117]2 years ago

7 0

Answer:

Explanation:

attitude can come in different ways both positive and negative and in business it is believed that attitude takes u to the top. a great attitude is going to be a great business,and of course everybody's attitude can change

Alex_Xolod [135]2 years ago

6 0

Your answer would be D.

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Suppose the price of gasoline in July 2004 averaged $1.35 a gallon and 15 million gallons a day were sold. In October 2004, the

Alenkinab [10]

Answer:

0.15

Inelastic

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price

Midpoint change in quantity demanded = change in quantity demanded / average of both demands

change in quantity demanded = 14 million - 15 million = -1 million

average of both demands = (14 million + 15 million ) / 2 = 14.50 million

Midpoint change in quantity demanded = -1 million / 14.50 million = -0.069

midpoint change in price = change in price / average of both price

change in price = $2.15 - $1.35 = $0.80

average of both prices = ( $2.15 + $1.35 ) / 2 = $1.75

midpoint change in price = $0.80 / $1.75 = 0.457

-0.069 / 0.457 = 0.15 demand is inelastic

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases

Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.

6 0

2 years ago

Fred and Lucy are married, ages 33 and 32, and together have AGI of $120,000 in 2019. They have four dependents and file a joint

algol13

Answer:

$3,800

Explanation:

According to the scenario, computation of the given data are as follow:-

Particular Amount ($)

Bills of doctor and dentist and hospital expenses 9,200

Less-received an insurance reimbursement 4,400

Add-prescribed medicines and drugs 3,000

Add-high deductible health insurance policy 5,000

Total expenses 12,800

Less- AGI’s 7.5% ($120,000 × 7.5% ) $9,000

After Deduction medical expenses for 2019 $3,800

Contribution of $2,600 to a qualification health savings account is a deduction for AGI. So it is not calculated in deduction.

According to the analysis, option (C) $3,800 is correct.

3 0

2 years ago

Which option best describes the word ethical?

weeeeeb [17]

What are the options, sir?

Ethical usually means what is right, or morally right. For example, killing someone isn't ethical, but helping an elderly person up from falling would be the ethical thing to do.

7 0

3 years ago

If price increases by 12 percent and quantity demanded decreases by 10 percent, demand is _________

Vinil7 [7]

Answer:

Demand is Inelastic

Jack : Substitution Effect dominates

Becky : Buy fewer hiking boots

Explanation:

Elasticity of Demand is responsive change in demand due to change in price. Demand is : Elastic - When proportionate change (% change) in demand > proportionate (% change) in price and Inelastic - When proportionate change (% change) in demand < proportionate change (% change) in price .

So, If price rise by 12% & demand decreases by 10% , Demand is Inelastic.

a. Substitution Effect is consumer's shift from dearer to cheaper goods & so, rise in demand of falling prices good , fall in demand of rising prices good . Jake buying lesser T shirts (relatively expensive) when price of Donuts fall (relatively cheaper) means Substitution Effect dominates for him.

b. Income Effect is price - demand inverse relationship, by change in real purchasing power due to price change. Price rise reduces real purchasing power, decreases demand & price fall increases real purchasing power, increases demand. Becky's paint brush price rise reduces her real purchasing power & she consumes less of both paintbrushes & hiking boots.

6 0

3 years ago

In the workplace, you will often write messages that reply directly to requests for information or action. Using the direct mess

salantis [7]

Answer:

Effective direct reply letters usually include a subject line, provide explanation and additional information.

Explanation:

Effective direct reply letters recognize the subject contained in the subject line as well from previous correspondence.

Effective direct reply letters arrange information in order of priority by listing the most important information first, and make a list of the responses to the questions of the customers in accordance to the order the questions are asked. Graphic devices are employed to ensure that the message can be easily read, and provide assistance to customers by giving then clear reference that will enable them to find additional information.

Finally, a forward-looking statement is usually employed by effective direct reply letters to end pleasantly.

7 0

3 years ago