The decision is made under the condition of Uncertainty, Because T<span>he goal is clear, but there is no clear solution to the problem
The condition of uncertainty occurs when the managers are required to take a certain decision which outcome couldn't be predicted by the Organization.
To handle this type of situation, the managers must willing to take the chance of failure that could damage the organization while providing the organization to advance at the same time.</span>
Answer:
Just use G maps and search stakehouse.
Explanation:
Elastic demand means that consumers are sensitive to price and that increased prices can lead to lower sales. There isn't enough information to fully answer this question. We don't know how elastic the demand is. If the demand is only slightly elastic, the increased price and lower demand could still equal higher profits.
Answer:
$380
Explanation:
Ziva's total cost of farming is composed of two different costs: explicit and implicit costs.
Explicit cost is an out-of-pocket cost that a person incurs to carry out a particular business activity. It is sort of, a business-related expense for which the business pays. In Ziva's case, it is $130, the cost of the seeds
Implicit costs are opportunity costs. An opportunity cost refers the benefits an individual, investor or business misses out on when opting for one alternative in preference of another. In our case, it amounts to $250($25*10 hours)
Thus, Ziva's cost of farming
= $130 +( $25*10) = $130 +$250 = $380
