Economic growth is growth in a countries GDP, in general, but it should be noted that there are many other factors that can influence growth of a nation.
Answer:
The demand for candy bars is inelastic
Explanation:
The midpoint rule calculate the price elasticity of demand as percentage change in quantity divided by the percentage change in price:
<u>% change in quantity </u>
The quantity demanded increased from 500 to 600. We have
<u>% change in price</u>
The price changed from 1 dollar to 0.8 dollars.
Price elasticity if demand is
The negative sign tells us that there is an inverse relationship between price and quantity demanded.
Since 0.82 is less than 1, the demand for candy bars is inelastic
If you are getting paid bi weekly it means you get paid every other week, so it depends on how long you have the job.
Answer: (A) Budget
Explanation:
Budget is one of the type of financial plan that is create according to our requirement and also budget.
A budget is one of the type of document that is used for describe the detailed plan in the future and it is usually expressed into the quantitative terms.
The main objective of the budget is to creating a proper plan based on the expenses, revenue, liabilities and the cost in an organization and it also helps in balancing our expenses with the income.
Therefore, Budget is the correct answer.
Question: The options were not given in the question. here are the options;
a. 50%
b. 75%
c. 5%
d. 95%
e. 25%
Answer:
The correct option is D. 95%
Explanation:
ROP = demand during lead time + (Z * standard deviation of lead time demand)
15 = 10 + (Z * 3)
Z = 1.667
For Z = 1.667, service level is nearly 95%
