Answer:
The marginal cost to Marilyn of a cup of coffee is $2.50
Explanation:
Marginal cost = change in cost/change in quantity = $7.50 - $5.00/3 - 2 = $2.50/1 = $2.50
Answer:
B. in the long run
C. when the price is a large portion of your income
E. when many substitutes are available
G. when there are many competing firms selling similar goods
Explanation:
Elasticity of demand is the degree of responsiveness of change in quantity demand of a product if there is a change in price of the product.
The demand for a product is somewhat inelastic in the short run, but in the long run, demand is more elastic.
The reason is that consumers need more time to respond and adjust to the use of certain products.
Also, when the price is a large portion of your income, price becomes more elastic. The reason is that, an increase in price leads to a decrease in quantity demand.
When many substitutes are available, an increase in price will cause consumers to shift their demand for the substitute.
When there are many competing firms selling similar goods demand for a product becomes more elastic
The above statement is true.
An RA team should focus on critical areas and on what management might consider important. Risk assessment is the process of evaluating the probability and consequences of injury or illness arising from exposure to an identified hazard, and also determining the appropriate measures for risk control. The Risk assessment team is responsible for conducting risk assessments within the scope by the risk management.
Answer: $15.50
Explanation:
From the question, we are informed that someone establish a straddle on Fincorp using September call and put options with a strike price of $80 and that the call premium is $7.00 and the put premium is $8.50.
The most that can be lose on this position will be the addition of the call premium and the put premium. This will be:
= $7.00 + $8.50
= $15.50
Answer:
The correct answer is letter "A": Procedures and practices.
Explanation:
Upward communication is a sharing-information method widely spread in nowadays organizations. It consists of obtaining feedback from employees from the lowest hierarchy to the top executive. This information flows in each level through a responsible for that matter so that the representative takes the pieces of information to the next level of the hierarchy. <em>Suggestions for improvement, performance reports, financial and accounting information</em> are shared under this format.
<em>Procedures and practices</em> are given into a firm from executives to employees which aims in the opposite direction than the upward communication technique.
