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artcher [175]
3 years ago
15

Use figure 3.4 to answer the following: if the cost of gasoline increased from $3.00 per gallon to $4.00 per gallon and the quan

tity demanded decreases from 12 gallons to 10 gallons, would the demand be elastic or inelastic?
Business
1 answer:
Charra [1.4K]3 years ago
8 0

I think the most appropriate answer would be "inelastic demand". As the demand doesn't decrease significantly high and the cost of gasoline doesn't increase significantly increase that high.

(Inelastic demand is the the demand of a product does not changes too much/vigorously, as compared to elastic demand.)

I hope it helped you!

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A new manager has been in their role for three months. They take time each day to get to know and socialize with their team, and
Len [333]

Answer:

Relationship oriented

Explanation:

Relationship oriented leadership is one that is based based mainly on interaction with people. Such leaders are mentors to their subordinates and get feedback from their reports are incorporated into the decisions they make.

They create a positive work environment and enjoyable.

In this instance the manager takes time each day to get to know and socialize with the team, and often meets with employees to discuss various challenges they are facing.

However as efficiency is down and deadlines are not met. The manager is taking a disproportionate relationship oriented leadership style, and he needs to be autocratic and enforce initiatives to improve efficiency and make them meet deadlines.

3 0
3 years ago
Read 2 more answers
There are 100 consumers, each of whom values a concert ticket at a unique whole number dollar amount between $1 and $100. one cu
babymother [125]
<span>100 customers each valuing a ticket for a consecutive dollar amount between $1 and $100 would lead to a total available customer value of $5050. If there are 100 tickets available at $15, the market value of the tickets is $1500. People valuing the tickets at less than $15 will reduce the surplus by $62.50, and people valuing the tickets at more than $15 will increase the surplus by $3675. Therefore the total consumer surplus in this market is $3,612.50.</span>
6 0
3 years ago
Your boss asks you to give a presentation and you need to use a projector to show a slideshow. What are the steps to display the
Kitty [74]

Explanation:

When you want to show your presentation through a projector and want the presentation to be displayed on your laptop at the same time, you will simply attach the laptop with the projector using the wire. Then you will start the Slideshow from the menu at the top panel of the powerpoint. Now to display the presentation on the projector and on your laptop simultaneously, you will just need to press the function key along with the F8 key, which is Fn+F8. This will allow the presentation to be displayed on the screen of your laptop as well.

5 0
3 years ago
Denti-Way Systems, a manufacturer of dental appliances, invented and patented a new x-ray machine that radically reduced mainten
Ronch [10]

Answer:

The correct answer is letter "C": international.

Explanation:

International business strategies are the systems used to plan and implement a series of actions driven to compete and place a company in the international market. The process implies analyzing and evaluating the target market, implementing the organization's operations abroad using innovative technology and strategies, and monitoring the results. At this stage, firms tend not to be worried about production costs until the entry of competitors.

7 0
3 years ago
Company X developed a highly innovative product and began exporting it. Both domestic and international markets became aware of
Delicious77 [7]

Answer: the correct answer is (A) international product life cycle

Explanation:

International product life cycle is based on the theory of product life cycle that basically states that a product cycle has four stages: introduction, growth, maturity and decline.

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3 years ago
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