option B
"Well, everyone has hard times, I think I’ll check in on George." demonstrate respect and enhance Jerry’s relationships at work
<u>Explanation:</u>
Genuine empathy is arduous to habit, though it is a really valuable ability to improve if you need to recognize the authentic transformation that occurs in your workplace communications. Get, everyone is running by something that you’re unqualified to understand, so retain that in thought subsequent moment you seem like something is remaining carried out on you.
You may be excellent at perceiving others’ imperfections and stumbles, and you may be enticed to submit volunteered advice. Withstand the urge. If you can encourage fellow workers to check their most useful skills, you help the team immeasurably.
<u>Question 1</u>
The correct answer is: "FALSE".
The total revenue earned by a firm is computed using the formula:
R= price * quantity
According to the formula, if the term "price" increases, R would increase too. But an increase in price usually decreases the amount demanded by consumers of a certain product. Therefore, if quantity demanded drops in a higher proportion than the increase in price, the final total revenue would decrease. So the final effect depends on the size of the two variations.
<u>Question 2</u>
<u>The determinants of demand are the following:</u>
- Price: inversely related to the quantity demanded, as the larger the price the smaller the amount demanded of a product.
- Income of consumers: directly related. The larger the income earned by an economic agent, the larger the amount demanded of a normal good (there are exceptions, such as inferior goods, for which income and demand are inversely related).
- Prices of related goods of services. If two goods are substitutes, the increase on the price of one, decreases the amount demanded of that product but increases the amount demanded of the other product. It two goods are complements, the increase in the price of one good decreases the amount demanded of it, and the amount demanded of the other product too.
- Tastes or preferences of consumers. If a product is in line with the general preferences of consumers the amount demanded will be large.
- Market expectations. For example, if a price is expected to rise, consumers might prefer to buy now and therefore demand increases at the moment.
