In John kotter's theory, someone can just simply change something in their lives, they have to undergo a critical 8 steps process.
In order to utilize this process, florence has to convince her team why and how it works and kindly explain to them why the change is necessary. This will motivate her team as a Growing individual
Answer:
B) raise costs and increase demand for its product
Explanation:
A monopolistic competition is when there are many firms operating in an industry. The firms sell differentiated goods and set the market price for their goods and services.
Monopolistic competition engage in advertisement to increase the awareness for their goods.
If advertising is successful , it increases the demand for their goods and services.
Advertising also increases the cost of production.
I hope my answer helps you.
Answer: it will be beneficial for the government to tax tobacco to raise more revenue.
Explanation:
Elasticity of demand for alcohol, tobacco, and coffee are,
=0.3
=0.8
Elasticity of demand is inelastic for Tobacco. Thus, it will be beneficial for the government to tax tobacco in order to raise more revenue.
Answer:
no
the marginal benefit of working overtime in terms of income is less than the marginal cost of working overtime
Explanation:
According to the marginal cost principle, i would be willing to work if marginal benefit exceeds marginal cost
Marginal cost = 32 + 6.5 + 12 + 55 = 105.50
Marginal benefit = 99
the marginal benefit of working overtime in terms of income is less than the marginal cost of working overtime. So, i won't work overtime