Answer:
a. 1, and total revenue and price move in the same direction
Explanation:
Unit elasticity of demand is when a change in price leads to a proportional change in quantity demanded.
A good has a unit elastic demand when its coefficient of elasticity is equal to one.
If price increases by 20% , quantity demanded falls by 20%.
If price falls by 20%, quantity demanded increases by 20%.
I hope my answer helps you.
Answer:
E. The quantity of beef supplied decreases and the supply of beef is unchanged.
Explanation:
In the market for beef, the price of a pound of beef falls. The effect is "the quantity of beef supplied decreases and the supply of beef is <u>unchanged</u>. The reason is that any price change of the product will not shift the demand or supply but changes the quantity supplied.
Answer:
The correct answer is: operations management.
Explanation:
Operations management refers to the management of business practices within a company to achieve the highest possible level of quality, in an attempt to increase profit. There is a wide range of activities that fall under the category of operations activities. Among them, we can identify quality service assurance.
The amount would she have to pay to exercise the option contract today is: $50,000.
<h3>Exercise option</h3>
Using this formula
Exercise option=(Stock per shares×Strike price)×Percentage vested in stock option
Let plug in the formula
Exercise option=(1,000 shares×$10)×50%
Exercise option=$100,000×50%
Exercise option=$50,000
Therefore the amount would she have to pay to exercise the option contract today is: $50,000.
Learn more about exercise option here:brainly.com/question/25750529
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