Answer:
A. $600
Explanation:
The consumption equation equation given as follows
C= 225 + 0.75(YD).
C- consumption, autonomous consumption - 225, 0.75- marginal propensity to consume, YD- Disposable income.
The autonomous consumption in this equation is 225, this implies that an amount equal to the figure would be spent by the household irrespective of their income.
Another portion of the consumption is that which depends on the the amount of the disposable income. This equals to the marginal propensity to consume (0.75) multiplied by the disposable income.
Y= 225 + 0.75(YD)
Y = 225 + 0.75× (500)
Y = $600
Answer:
The difference between command economy's and market economy's is that a command economy the government controls what is produced and how it will be shared. and in a market economy people have more freedom and can make their own decisions.
Explanation:
Answer:
(C) Laggards
Explanation:
A laggard in general refers to someone who lags behind or whose progress is slow.
The word "adopter" refers to, someone who adopts and accept something new. Adopters are categorized as, customers based upon their desire to try out new things or accept latest trends.
Five kinds of adopters are described under the said classification namely, innovators, early adopters, early majority, late majority and laggards.
In the given case, Tom belongs to the category of "laggards" as evidenced from his ignorance and unwillingness to accept technological advancements. The acceptance of a smartphone later, has been an outcome of requirement and not his own willingness here.
Answer:
<h2>One important advantage of the departmentalization of any functional area in any business organisation is that the specialized employees in the specific department can coordinate and work together in any particular project or function within the department.This can remarkably enhance work quality and improve employee performance in the organisation.Hence,the correct answer is option A. in this case.</h2>
Explanation:
Departmentalization of organisational departments essentially leads to specialization of organisational functions and activities.Such specialization should be supported and facilitated by proper coordination and teamwork of the respective employees.This can essentially lead to a better professional concentration and expert involvement which not only enhances the quality of departmental projects or activities but guarantees smooth and timely completion of the group projects within the respective departments.In this case,if the concerned financial,managerial and tax accountants can be grouped together according to their respective areas of specialization,it would lead to a better professional communication among the experts and develop a cooperative work environment.This is a crucial precondition for developing and maintaining a smooth and effective work coordination and flow within the respective employees in any business organisation.
Answer:
Dynamic effect
Explanation:
Social media has a dynamic effect in businesses, customers can easily request for assistance and receive on -the-spot solution. Customer feedback can be given through social media which can now be used to improve service.
Sol Wave House Hotel is using Twitter for quick resolution of customer problems and questions.