Answer:
b.is the percentage change in quantity supplied divided by the percentage change in price.
Explanation:
Price elasticity of supply measures the degree of responsiveness of quantity demanded to price. It is a ratio of the percentage change in quantity supplied to percentage change in price.
Elasticity of supply can be elastic meaning an increase in price results in increase in demand.
It can also be inelastic meaning increase in price does not lead to a reasonable increase in supply.
Answer:
Economic model is the answer of this question
Answer:
c
Explanation:
depend on the scenario.. all costs that are directly related to that decision all relevant cost.
Answer:
<em>The correct answer is:</em> the organization emphasizes long-term employment.
Explanation:
An inert organizational culture is one that does not seek to adapt to new work processes and trends whose objective is to innovate and facilitate work and processes.
They are usually organizations whose culture is focused on more inflexible and rigid internal policies, whose focus is on the establishment of processes and does not focus on the relationships and integration of workers.
This type of organization focuses on long-term employment, which can culminate in the lack of innovation in personnel, ideas, processes and the improvement of total quality.
Answer:
$160,000
Explanation:
If the beverage sales represent 20% of the total sales, to find out the dollar amount of beverage sales, all we need to do is multiply the total sales x 20%:
beverage sales = $800,000 x 20% = $160,000
food sales = total sales - beverage sales = $800,000 - $160,000 = $640,000
