Answer: Coefficient of elasticity of supply is 0.75.
Explanation:
Price elasticity of supply measures the responsiveness of quantity supplied to a change in the price of the good. It can be measured using the percentage point method,
![e_{s} = \frac{Percentage change in Quantity supplied}{Percentage change in price}](https://tex.z-dn.net/?f=e_%7Bs%7D%20%3D%20%5Cfrac%7BPercentage%20change%20in%20Quantity%20supplied%7D%7BPercentage%20change%20in%20price%7D)
![=\frac{15}{20}](https://tex.z-dn.net/?f=%3D%5Cfrac%7B15%7D%7B20%7D)
![=0.75](https://tex.z-dn.net/?f=%3D0.75)
Therefore, coefficient of elasticity of supply is 0.75. Since it is less than 1 we can infer that supply for this good is relatively inelastic.
Answer:
feedback
Explanation:
Based on the information provided within the question it can be said that Marcus is providing his employees with feedback. This refers to information given to an individual regarding their performance, and is done in order to help that individual realize what they are doing wrong and how they can improve their performance. Which is exactly what Marcus is doing with his employees.
As long as you have no dependents
1040EZ is the simplified tax paying form made by IRS. In order to use it you juts have to select your tax filling status and enter some details for your tax counting.
But if you have a dependent ( like a spouse who claimed that you should pay for your child's education fund) , you can not use 1040EZ
Answer:
A. Workers are trained to do all or most of the jobs in the unit
Explanation:
A self-managed team is a group of employees that's responsible and accountable for all or most aspects of producing a product or delivering a service. Traditional organizational structures assign tasks to employees depending on their specialist skills or the functional department within which they work
Answer:
The correct answer is option A.
Explanation:
In case the consumers have a pessimistic tendency towards the future, they would expect the economy to face a downturn. They will, as a result, save their income and wealth for the future.
This would cause a decline in consumer spending and the aggregate demand curve will move down to the left.
An increase in consumer confidence, on the other hand, would cause consumer spending and aggregate demand to increase.