Answer:
d. the wealth effect of an aggregate price level change
Explanation:
The aggregate demand curve is negatively sloped due to <u>the wealth effect of an aggregate price level change</u>. The reason is that rise in the aggregate price decreases the purchasing power of the individual and thus, decreases in aggregate demand increases the purchasing power of the individual.
Answer:
$45,473
Explanation:
Base on the scenario been described in the question, we can use this method to solve the problem.
Solution:
$42,000 + $4,960 – $1,100 – ($1,830 – $1,380) + ($381 – $318)
= $46,960- $,1,100-$450-$63
=$45,473
As our answer
Answer: Diagnostic
Explanation:
Diagnostic skills is the ability of an individual to be able to identify a certain problem, define it, analyze it and seek solutions to it.
Witg regards to the information, this is a type of skill whereby the manager collects, and then analyzed the data available to him or her.
Values play a central role in ethical decision making.It is because core values are so subjective, they will be relative to the individual who holds them. Not all individuals have the same core values and conflicts about them will often arise.
Answer:
Price elasticity of demand = 2.6
Explanation:
Given:
Old price (P0) = $70
New price (P1) = $60
Old sales (Q0) = 10,000 units
New sales (Q1) = 15,000 units
Computation of Price elasticity of demand(e):
Midpoint method
By putting the value:
e = 2.6
