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Svetlanka [38]
3 years ago
6

When the demand curve for a good is unit elastic, raising the price of the good by 25 percent will change the revenue of the fir

m by:
Business
1 answer:
san4es73 [151]3 years ago
4 0

Answer: 0%

Explanation:

Elasticity measures the change in demand resulting from a change in price. The law of demand holds that when prices increase, quantity demand would decrease and elasticity is meant to show the magnitude of this change.

A unit elastic good means that prices and quantity demanded change by the same amount. This means that for a unit elastic good, if the price change is a 5% increase, the quantity demanded will decrease by 5%.

In terms of revenue, if the price increases by the same amount that quantity demanded decreases, the effects will cancel out so there will be no revenue effect.

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A standard business plan will not include an employee summary.

All of the other options are always included in a business plan to assess the feasibility of the venture.

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Which of the following is true of entrepreneurial organizational structures? Choose all that apply.
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Answer: A. They are flat.

C. They are common to start-up businesses.

D. A single leader makes most decisions.

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Which of the following are acceptable to use as references on a resume/job application?
Alenkasestr [34]

1. Former Employer. A previous employer can provide the best insight into your work ethic. They know what your responsibilities were at your job and how you handled them.

2. Colleague. Someone you worked alongside at a previous job, even if they weren’t your boss, can be an excellent reference. They will be able to speak about things you worked on together and what you achieved as a team. Teamwork is one of the most important soft skills an employer looks for, so having someone to vouch for your teamwork skills is vital.

3. Teacher. A teacher or professor can provide a really strong reference, especially if they taught a course pertinent to your major. They will be able to talk about the skills you picked up during their course, as well as your personal character.

4. Advisor. An academic advisor, depending on the amount of time you spent with them, is another great option for a reference. If your advisor is someone who got to know you really well during your college career, they can talk about how you’ve grown into the professional you are today.

5. Supervisor. Someone who supervised you, but wasn’t necessarily your boss, could be another excellent reference to include. This could be a supervisor from a volunteer project, an internship, or some other extracurricular activity. Any of these people spent enough time working with you to get a sense of your character, and probably your passions. That combination makes for a great reference.

Choose at least three of these people to include on your list of professional references. Always bring a few copies of your list to interviews, in case you’re asked to provide them. Promptly let the people on your list know when a hiring manager asks for your references, so they know to expect a call or email.

Your references could make or break your chances of landing a job, so make sure you select the best people to speak on your behalf.



there are 5 you can choose


8 0
3 years ago
Operations is concerned with_______while marketing is concerned with________.a. demand, quality.b. efficiency, cost.c. supply, d
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Answer: demand; supply

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