Answer and Explanation:
The formula to compute the price elasticity of demand is as follows:
= Percentage change in quantity demanded ÷ percentage change in price
At Price P0, the Quantity demanded is Q0
And,
At Price P1, the Quantity Demanded is Q1
Just like this, it could be computed
divided by 
Answer:
<em>James did not like the fact that he had no input in his productivity goal. Because of this, his </em><em><u>Goal acceptance</u></em><em> was low and he did not take it as seriously as if he had set the same goal himself. </em>
Goal acceptance refers to the willingness of an individual to receive or consent internally to a certain goal. It is usually higher when the individual is contributes to the setting of the goal and it is low here as James did not have any input into it.
<em>Carol always tries extremely hard to reach her performance goal. She takes it personally when she falls short, which rarely happens because she is so dedicated to reaching it. Carol's </em><em><u>Goal commitment</u></em><em> is high.</em>
Goal commitment refers to how much dedication and effort a person puts into meeting an objective. Carol puts a lot of effort into achieving her goals so her Goal commitment is high.
<em>After organizational and subsidiary goals are set, each manager meets with each subordinate to explain the unit goals to the subordinate. Together the two determine how the subordinate can contribute to the unit's goals most effectively. This is called </em><u><em>Management by objectives.</em></u>
Management by Objectives is a type of management that works by making sure that employees understand the goals that management set. It works by management and employees working together to find out how best employees can meet the goals set.
Answer: Josh's bonus is $35,289.53.
In the question above, we need to look at the net savings that will occur from selling drinks instead of giving them as complimentary drinks. So we have,
Net Savings per year = $11.04 million
The company's MARR = 15%
Josh's bonus is 0.14% of the present value of three years' net savings.
Since the quantum of savings is constant each year, we can calculate the present value of these savings by using the Present Value of annuity formula.
![PVA = P * \left [\frac{1-(1+r)^{-n}}{r} \right ]](https://tex.z-dn.net/?f=%20PVA%20%3D%20P%20%2A%20%5Cleft%20%5B%5Cfrac%7B1-%281%2Br%29%5E%7B-n%7D%7D%7Br%7D%20%5Cright%20%5D%20)

PVA = Present value of three years' net savings = 25.20680529
million
Josh's bonus : 0.14% of present value of three years' net savings.

Josh's Bonus = $0.035289527
million or $35,289.53.
Answer:
a. d. yes, because the plot is roughly a diagonal straight line
b. b the distribution is skewed to the right.
Explanation:
Note: Find attach the plot as picture
a. If the distribution of the song length is roughly Normal, the normal probability plot should be roughly a diagonal straight line. But the given normal probability plot is far from straight. So, the distribution of song lenghts is not normal
b. The distribution of song lenghts is skewed to the higher values, that is right skewed because the normal probability plot is curved and of inverted C shape