Answer:
C. Selecting items and tracing back to source documents.
Answer:
Midpoint value of price elasticity of demand = -2.07
Explanation:
We know,
Midpoint value of price elasticity = ![\frac{(Q_{2} - Q_{1})/[(Q_{2} + Q_{1})/2] }{(P_{2} - P_{1})/[(P_{2} + P_{1})/2] }](https://tex.z-dn.net/?f=%5Cfrac%7B%28Q_%7B2%7D%20-%20Q_%7B1%7D%29%2F%5B%28Q_%7B2%7D%20%2B%20Q_%7B1%7D%29%2F2%5D%20%7D%7B%28P_%7B2%7D%20-%20P_%7B1%7D%29%2F%5B%28P_%7B2%7D%20%2B%20P_%7B1%7D%29%2F2%5D%20%7D)
Given,
Original Price,
= $15
New Price,
= $12
Original Quantity demanded,
= 1,000 units
New Quantity demanded,
= 1,600 units
Putting the value in the above midpoint formula, we can get
Midpoint value of price elasticity = ![\frac{(1,600 - 1,000)/[(1,600 + 1,000)/2]}{(12-15)/[(12+15)/2]}](https://tex.z-dn.net/?f=%5Cfrac%7B%281%2C600%20-%201%2C000%29%2F%5B%281%2C600%20%2B%201%2C000%29%2F2%5D%7D%7B%2812-15%29%2F%5B%2812%2B15%29%2F2%5D%7D)
Midpoint value of price elasticity = 
Midpoint value of price elasticity = 
Midpoint value of price elasticity of demand = -2.07
Answer: C. separation of legal ownership and management control
Explanation: Public traded company can go on with their operation undisturbed when the founder dies, because there is separation of ownership from management of the company.
Public traded companies usually have a board which management report to, the board is the highest decision making body in the company.
<span>Normally if one tecnician takes 475 seconds to assemble one air rule smartphone.
Then it would take. 20 technicians X secs to do the same
So It would take 20 tecnicians X secs = (20 * 475) / 1 = 9500 secs. I. e it takes 20 technicians 9500 secs to manufacture a smartphone.
But airrules uses 20 technicians to manufacture the same phone in only 30 secs.
So its efficiency would be: Number of secs it takes the 20 techician to manufacture the phone * efficiency = Normal of hours it would usually take 20 techician to manufacture the phone.
So we have 30 * X = 9500
X = 9500/30 = 316.777. So they are 316.667 times as efficient.</span>