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3 years ago

The supply curve for a given product indicates that price must be lowered in order to increase the quantity supplied.

Business

1 answer:

Fed [463]3 years ago

6 0

Answer:

b) False

Explanation:

The supply curve is upward sloping which shows the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

I hope my answer helps you

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The GLBA gives customers the right to opt out of information sharing, and banks must provide customers with a reasonable opportu

Diano4ka-milaya [45]

Answer:

C) Asking the consumer to write his or her own letter to exercise that opt out right

Explanation:

The whole purpose behind the Gramm-Leach-Bliley Act (GLBA)was to allow customers the right to easily opt out of information sharing by the banks. That means that the banks are required to provide an easy way for a customer to do so, and writing your own letter might be easy for some people, but very difficult for others.

It is much easier to do it by phone, or by simply mailing back a detachable form. If the client knows how to use internet and emails properly, then the bank must provide an easy option to opt out through an email or an option that can be found in the bank's website.

7 0

2 years ago

Suppose that during the past year, the price of a laptop computer rose from $2,750 to $2,880. During the same time period, consu

icang [17]

Answer: Elasticity of demand is 7.06

Explanation:

P1= $2,750

P2=$2,880

Q1=446,000

Q2=321,000

$Elasticity = \frac{Q2 - Q1}{\frac{Q1 + Q2}{2} } * \frac{\frac{P1 + P2}{2} }{P2 - P1}$

$Elasticity = \frac{321,000 - 446,000}{\frac{446,000 + 321,000}{2} } * \frac{\frac{2750 + 2880}{2} }{2880 - 2750}$

$Elasticity = \frac{-125,000}{383,500} * \frac{2815}{130}$

$Elasticity = - 0.3259*21.6598$

Elasticity = -0.76

Thus, elasticity of demand for laptops is 7.06. This means that laptops are highly price elastic as it is greater than 1.

8 0

3 years ago

Instead of assigning access for each user account individually, ________ is a more efficient and easier-to-manage approach. Cent

katovenus [111]

Answer:

Role-Based Access Control (RBAC)

Explanation:

Instead of assigning access for each user account individually, Role-Based Access Control (RBAC) is a more efficient and easier-to-manage approach.

In computer systems security, role-based access control or role-based security is an approach to restricting system access to authorized users. <u>It is used by the majority of enterprises with more than 500 employees,</u> and can implement mandatory access control or discretionary access control.

Hence, access need not be assigned for each user individually.

4 0

3 years ago

Often an individual will join and support a certain interest group to receive tangible economic advantages from that membership.

inn [45]

It is referred to as material benefits. Material benefits can be given as monetary benefits; it could also be in form of special goods or services. It is given to the members of the group to convince others to join. Other types of benefits are solidary benefits, purposive benefits, and informational benefits.

8 0

3 years ago

Jamie is about to go to work for Potpourri, a store that sells various bed and bath accessories. Though technically a chain, Pot

Leokris [45]

Answer: A. get along well and share many of the same views, including admiration for the company founder.

Explanation:

The options to the question are:

A. get along well and share many of the same views, including admiration for the company founder.

B. enjoy friendly relations, but differ on many things, including work-related matters.

C. have very little connection to one another.

D. tend to share a lot of opinions, including a dislike for each other.

E. are free spirits, each of them his or her own little island.

From the question, we are informed that Jamie is about to go to work for Potpourri, a store that sells various bed and bath accessories.

We are further told that although technically it's a chain, Potpourri currently has just three stores, all within an hour of each other in the Midwestern United States.

The type of organizational culture Jamie is likely to encounter at Potpourri is one in which employees get along well and share many of the same views, including admiration for the company founder. This is because the stores are few and close to each other.

5 0

3 years ago