Answer: An ethical dilemma
Explanation:
An ethical dilemma is a situation where an individual is faced with making a decision between two options where if any option is chosen the individual might act against his/her moral principle. Like in the question, John is faced with the option of either complaining about child labor and then the child losses his/her source of income or allowing things to be as they already are.
Middle Managers are responsible for the creation of tactical
plans. Middle managers are those people who are in the senior management
position. Main roles of middle managers is to make a strategy for the company
making sure that the company focus on their goals and targets. The middle
managers should also provide quick results is solving the company’s problems.
Based on financial analysis, it is <u>False</u> that It's inevitable that budgeting will hinder the enjoyment of life, forcing people to make financial sacrifices.
<h3>What is Budgeting?</h3>
Budgeting Is the process of making a financial plan which includes planning on expenses, revenue, savings, assets, liabilities, cash flow, etc.
<h3>Benefits of Budgeting</h3>
There are various benefits of budgeting, some of which include the following:
- For providing limits or guides to spend.
- To achieve financial goals.
- To prepare for emergencies.
- To aid better retirement, etc.
Hence, in this case, it is concluded that the correct answer is "<u>False</u>."
Learn more about Budgeting here: brainly.com/question/22532334
Answer:
b. greater than 0.38
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
If the absolute value of elasticity of demand is less than one, it means demand is inelastic.
Demand is inelastic if a small change in price has little or no effect on quantity demanded.
If the absolute value of elasticity of demand is greater than one, it means demand is elastic.
Demand is elastic if a small change in price has a greater effect on the quantity demanded.
In the short run, demand is usually inelastic because consumers have a short time to find suitable alternatives.
But in the long run demand becomes more elastic because consumers would have more time to find suitable alternatives.
So, in the long run the absolute value of elasticity of demand would be greater than 0.38. this indicates that demand is more elastic than in the short run.
I hope my answer helps you
