<span>Employers normally require employees to pay a large portion of thecost of the life insurance benefit.</span>
Answer: (1) 700 pizzas
(2) Its revenue increases by $2600.
Explanation:
Given that,
price elasticity of demand for his pizza = -4
Percentage change in price = 10%
Initial Quantity,
= 500 Pizzas
Elasticity of demand = 
-4 = 
= -4 × 0.1
= 0.4
= 0.4
∴ 
= 700
Initial price, 
= $20
Changed price, 
= $18
Revenue at t = 0
= 500 × 20 =$10000
Revenue at t = 1
= 700 × 18 = $12600
Therefore, from the above calculations it was seen that his revenue increases by ($12600 - $10000)= $2600 and its sales increases to 700.
Answer:
Controlling
Explanation:
Controlling is among the major functions of management. As a management function, controlling means taking measures to ensure subordinates are working according to plan. It is verifying that all activities are in line with the given instructions and guidelines. Controlling ensures the business is on the right path to achieving its objectives.
Management has to control how the organization’s resources are used. They have to ensure effective & efficient use of resources to achieve predetermined goals.
Answer:
Explanation:
Assets = Liabilities + Stockholder's equity
Cash= Common stock+Retained earnings
1. Cash
revenues 34600 NA NA 34600
2. Paid
expenses(15200) NA NA (15200)
3. Paid
dividend (3500) NA NA (3500)
Ending balance 15900 = 0 + 0 + 15900
Income statement
Revenue $34600
Expense (15200)
Net income $19400
Statement of changes in stockholders’ equity
Common stock $0
Retained earnings:
Net income $19400
Less: dividends (3500)
Total stockholder's equity $15900
Balance sheet
Assets:
Cash $15900
Liabilities $0
Stockholder's equity:
Common stock 0
Retained earnings 15900
Total stockholder's equity $15900
Total liabilities and stockholder's equity $15900
Answer:
B. in both industry structures, the firm's demand curve is downward sloping.
Explanation:
Both firm types have a downward sloping demand curve which indicates that as price is increased, quantity demanded falls.
Monopolistic competition have no barriers to entry while a monopoly does.
Monopolistic competition have many sellers while a monopoly has one seller.
Monopolistic competition break even in the long run while monopoly maintain super normal profits in the long run
