Answer:
a) True
Explanation:
The Planning Phase is the fundamental two-step process of understanding why an information system should be developed and creating a plan for how the project team will develop it. ... They decide whether it is advisable to proceed with the system development project.
I think the answer is c for this question tbh well yah
Answer:
The answer is True.
Explanation:
From the description, it seems that World Extraction Corp is behaving in a socially responsible way – even though its stakeholders might not have the same view. Though in the long run, a company which behaves in socially responsible manner might accumulate enough goodwill from the society around it to be perceived with a good reputation, stakeholders who do not fit the company’s vision might end up being detrimental to the company’s business.
Answer: Multiple cause-and- effect relationship should be used
Explanation:
A multiple cause-effect relationship is a relationship in which an event (the cause) makes another event happen (the effect).
A particular cause can have several effects.
Answer:
Explanation:
- Given the equation ; Qxd = 10,000 − 4PX + 5PY + 2M + AX
- where PX is the price of X = $50
- PY is the price of good Y = $100
- and AX is the amount of advertising on X = 1,000 units
a) Calculate the quantity demanded of good X ; Plugging all the values into the equation ;
= 10,000 − 4(50) + 5(100) + 2(25,000) + 1000
Qxd = 61,300units
b) Calculate the own price elasticity of demand for good ;
= d(Qxd)/dpx X px/Qxd = -4 x 50/61,300
= 0.0033. hence he demand for goods is inelastic
c) l will surely recommend lowering the price as this is evident from the value of the price elasticity of demand which is negative as such an increase in the price of their goods will give rise to total loss
d ) cross-price elasticity between goods X and Y = %change in quantity/ %change in price
e) Calculate the income elasticity of good X. Is good X normal or an inferior good? = dQ/dM X M/Q = 2(25000) /61300
= 0.82.
Yes! Good X is a normal goods since the value of the income elasticity is positive.