Answer:
The answer is
Income inelastic
The chocolate is a normal good.
Explanation:
First lets find the percentage increase or decrease in income and demand.
For income:
($2,200 -$1,800)÷$1,800
=$400÷$1,800
=0.2222 or 22.22%
For the demand
(21cups-19cups)÷19cups
=0.1053 or 10.53.
A 22.22% increase in income leads to 10.53% in demand of hot chocolate. This means it is less proportional. The demand is less sensitive to his income.
The hot chocolate is a normal good. If not an increase in income would have resulted to a lower demand for hot chocolate.
SWOT analysis is a framework for identifying and analyzing a company's strengths, weaknesses, opportunities, and threats. these words make up the SWOT acronym.
The number one intention of SWOT analysis is to boom focus of the factors that cross into creating a business choice or establishing a commercial enterprise approach.
SWOT analysis is a strategic planning and strategic management method used to assist a person or business enterprise pick out Strengths, Weaknesses, opportunities, and Threats related to commercial enterprise opposition or project-making plans. it is every now and then known as situational evaluation or situational evaluation.
A SWOT evaluation is a planning tool that seeks to perceive the Strengths, Weaknesses, opportunities and Threats concerned in a task or agency. it is a framework for matching an employer's dreams, programs and capacities to the surroundings wherein it operates.
Learn more about SWOT analysis here:brainly.com/question/25066799
#SPJ4
Answer:
The correct answer is The producer.
Explanation:
Production managers are the professionals who guarantee the proper functioning of a company's production.
Most production managers have responsibilities both at the factory and in the office. They often act as a liaison between factory administrators and senior management of the company. The particular characteristics of their work vary according to the industry for which they work.
Its functions include:
- The planning and supervision of employee work;
- Supervision of production or manufacturing processes in manufacturing companies;
- Stock control and warehouse management;
- The resolution of incidents (such as machinery breakdowns, for example);
- The management of material resources;
- The search for strategies to increase the efficiency and effectiveness of production;
- Innovation and the design of products or services, etc.
Please explain better in comments
knowing how to work with heavy machinery