They can lose their personal assets.
Answer:
time = 4 year
Explanation:
given data
pay each month = $80
Credit card balance = $2,818
annual finance rate = 15.9%
solution
we get here time period that is express by as
Monthly payment =
............1
put here value and we get
80 =
solve it we get time t
t = 48 month
time = 4 year
According to McGregor's Theory Y method, a manager might think that workers ought to be involved in both problem-solving and problem-definition.
One of the theories that has a significant impact on both management and employees is McGregor's theory. Additionally, McGregor's descriptions of two different theories, namely Theory X and Theory Y, are further explained below along with each theory's central tenets.
According to Theory Y, a manager's positive perception of their team problem-solving members will increase employee motivation. Managers erroneously McGregor's Theory Y believe that a decentralized approach that strengthens teamwork, collaboration, and trust can address employee demotivation.
Contrary to Theory X, this theory holds that managers do not believe that problem-solving control motivates workers. The team members must be motivated by McGregor's Theory Y meeting their needs for social interaction, self-actualization, and self-esteem.
Learn more about McGregor's Theory Y here
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Answer:
- 0.80
Explanation:
Price elasticity of demand describes the extent to which the quantity demanded of good X changes as result of a change in its own price.
The midpoint formula for price elasticity of demand is presented and used as follows:
Percentage change in quantity = %ΔQ = [Q2 - Q1] / [(Q2 + Q1) ÷ 2] × 100
Percentage change in quantity = %ΔP = [P2 - P1] / [(P2 + P1) ÷ 2] × 100
Midpoint price elasticity of demand = %ΔQ / %ΔP
Where:
Q2 = New quantity of good X = 150
Q1 = Initial quantity of good X = 100
P2 = New price of good X = $6
P1 = Initial price of good X = $10
Therefore,
Percentage change in quantity = %ΔQ = [150 - 100] / [(150 + 100) ÷ 2] × 100
= [50/(250 ÷ 2)] × 100
= (50/125) × 100
= 40.00%
Percentage change in quantity = %ΔP = [$6 - $10] / [($6 + $10) ÷ 2] × 100
= [-$4/($16 ÷ $2)] × 100
= (-$4/$8) × 100
= - 50.00%
Price elasticity of demand = 40% / 50% = - 0.80
The elasticity of demand of -0.80 less than 1. That indicate that the quantity demand is inelastic. That is the change in the degree of change in the quantity demanded of good X is lower than the degree of change in its price.
Answer:
E. Maximize the market value of the firm's stock
Explanation: