Answer:
Why do you think the price elasticity of demand for food is higher in Tanzania than in the U.S.?
The price elasticity of demand for food is higher in Tanzania than in the U.S. because Tanzania is a much poorer country than the U.S., and a rise in food prices leads immediately to a large drop in demand, since most people will simply not have enough income to meet demand.
What does this imply about food purchases in the U.S. and Tanzania?
This implies that people in Tanzania spend less money on food, but also spend a larger share of their income on it.
Which will provide more tax gasoline or a tax on restaurant meals? Why?
The tax on gasoline will provide more funds because gasoline is a good that is way more inelastic than restaurant meals.
If restaurant meals become more expensive because of the tax, people will simply stop eating-out, and prepare home meals instead.
Gasoline, on the other hand, is very inelastic, and even if the price goes up a lot because of a very high tax, car owners will still have to purchase it, raising government revenue.
Ray used Strategic method to develop his professional network.
Explanation:
- Ray works as an accountant at Non profit organisation.
- There is always important to know a lot of people from that industry.
- Ray started volunteering in the event, Event are most important place.
- It helps in socializing with people getting to know from diversity.
- A conversation said by other people helps people get into the business.
- This works with allot of organization to help make friends and socialize.
Answer:
absolute approach
Explanation:
The absolute approach of appraising an employee is one that uses comparism of the employee performance against established standards of the organisation.
Employees are not compared to other employees, evaluation is done on an individual basis.
This is a very objective method of appraisal because the tendency to favour one employee's performance over another through collective performance is not done.
Rather appraisal measures how each employee performs against the set standard.
I would say $10,150. The 10,000 principal x 1.09 = 10,900 but this would be for 9% for one year whereas the term is 60 days or approx. 2 months or 1/6 of a year so the increase would be 900/6 = 150 so the total value would be $10,150.
Answer and Explanation:
A lot of the information and suggestions in this section assume a staff of at least five or six members, which is the number at which sustaining internal communication can become particularly difficult. This is not meant to imply that smaller organizations don't have internal communication needs, or that the need for good internal communication is any less in an organization with three staff members than in one with 30. If your staff is larger than one, internal communication is an issue that you can't afford to ignore. Most of the material that follows is relevant to small organizations as well as large ones. This section will help you establish an atmosphere and set up systems that will lead to good internal communication and to the effectiveness of your organization.