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ahrayia [7]
3 years ago
8

The supply of product x is elastic if the price of x rises by

Business
1 answer:
garri49 [273]3 years ago
8 0
The answer to this question is <span>5% and the quantity supplied rises by 7%.
A product is considered as elastic if the change in prices will also affect the changes in total supply.
Usually, this type of products are not considered unique or rare and there are a lot of substitute for this product in the market</span>
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Billy has received a mediocre evaluation for the second year in a row. He knows that he has made improvements, but his superviso
Ber [7]

Answer:

He could take deep breaths and then respond nonjudgmentally

Explanation:

From the question, we are informed about Billy who has received a mediocre evaluation for the second year in a row. He knows that he has made improvements, but his supervisor just does not seem to notice or in Billy’s opinion, care. Billy likes his job and wants to keep it. He listens to what his supervisor says and then his supervisor asks Billy to prepare a written response. Before Billy leaves the room to prepare the response, In this case should he respond to his supervisor by taking deep breaths and then respond non-judgmentally when addressing is supervisor.

7 0
3 years ago
An employee earns $24 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. If the employee worked 50 h
Anettt [7]

Answer:

a. Gross pay = $1,320

b. Net pay = $917

Explanation:

a. Determine the gross pay for the week. $ If applicable, round your final answer to two decimal places.

Pay for 40 hours = 40 * $24 = $960

Pay for excess of 50 hours = (50 - 40) * $24 * 1.5 = $360

Gross pay = $960 + $360 = $1,320

b. Determine the net pay for the week.

Net pay = $1,320 - ($1,320 * 6.0%) - ($1,320 * 1.5%) - $304 = $917.

3 0
3 years ago
A company's prime costs total $3,800,000 and its conversion costs total $7,800,000. If direct materials are $1,400,000 and facto
bonufazy [111]

Explanation:

Conversion costs = Direct labor + Factory overhead

7,800,000 = Direct labor + 5,400,000

Direct labor = $2,400,000

First option is the correct option.

I know this much only.

6 0
2 years ago
You want to be a millionaire when you retire in 35 years. a. How much do you have to save each month if you can earn an annual r
expeople1 [14]

Answer:

Monthly deposit= $164.24

Explanation:

Giving the following information:

Future value= $1,000,000

Interest rate= 0.118/12= 0.00983

Number of periods= 35*12= 420 months

<u>To calculate the monthly deposit, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,000,000*0.00983) / [(1.00983^420) - 1]

A= $164.24

7 0
3 years ago
The name of the budget that plans for how the business will run until it becomes self-sustaining, I.e. until it begins to make
amm1812

Answer:

start-up is the correct answer.

6 0
2 years ago
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