Answer:
C. the demand curve for a product.
Explanation:
Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.
Thus, to determine the value of elasticity, one must know what was the change in price and the change in quantity demanded. In a graph where price and quantity are the x and y axes, this can be obtained by observing changes in the demand curve points, which reflected the price change on one axis and the quantity change on another axis. Thus, it is sufficient to divide the percentage change in quantity demanded by the percentage change in price to find the price elasticity of demand.
It is true that employment in county government is not based on system but rather is often determined by political or personal relationships. Critics contend that this leads to inefficiencies.
<h3>How employment is determined by political or personal relationships?</h3>
- Employing someone based only on their political and personal connections could result in inefficiency.
- To make sure they are hiring people who are deserving of the roles they are giving, employers must constantly search the open market for qualified personnel.
- Additionally, by hiring just members of a select set of people, the company or organization may be engaging in unfair labor practices in front of the Equal Employment Opportunity Commission (EEOC) if the offense is committed repeatedly.
- Even while discussing vacancies for public deputy officers, the situation deteriorates.
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This question is mostly based on your personal opinion and experience, so I don't think that I'll be able to help you with this question.
Answer:
$20.
Explanation:
As the question require us to calculate the profit when one unit in excess of break-even point is sold, so we have to calculate the break-even quantity first. The formula to calculate the break-even quantity is:
Break-even Units = Fixed Cost / (Contribution Margin Per Unit)
where
Contribution margin per unit = Selling price per unit - variable cost per unit
⇒ Break-even units = 15 / (50 - 30) = .75.
This makes the one unit in excess of break-even volume to be 1.75. Now, we have to draft the income statement to determine the operating profit when sales volume is 1.75.
Income Statement
Revenue (50 * 1.75) $87.5
Variable Cost (30 * 1.75) (52.5)
Fixed Cost (15)
Operating Profit $20
You can make sure that all your stuff is locked and you can always keep weapons