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Usimov [2.4K]
3 years ago
12

Myra Worthington, CEO of CompuGlobal Corporation, complains that the company's software products have a high price elasticity of

demand. What is Myra saying?ec​
Social Studies
1 answer:
aliya0001 [1]3 years ago
3 0

Answer:

Price elasticity of demand is an economic measure of the change in the quantity demanded or purchased of a product in relation to its price change. Expressed mathematically, it is:

Price Elasticity of Demand = % Change in Quantity Demanded / % Change in Price

Price elasticity is used by economists to understand how supply or demand changes given changes in price to understand the workings of the real economy. For instance, some goods are very inelastic, that is, their prices do not change very much given changes in supply or demand, for example people need to buy gasoline to get to work or travel around the world, and so if oil prices rise, people will likely still buy just the same amount of gas. On the other hand, certain goods are very elastic, their price moves cause substantial changes in its demand or its supply

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3 years ago
Why is georgia's coast a natural place to grow rice?
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1 How did the settlers of Georgia find out that they could grow rice?

Everything they grew was by trial and error. If one crop didn’t grow, they would try something else. They found out that the swampy land along the Ogeechee, Altamaha, and Savannah Rivers was perfect for growing rice.

2.What were the two major hazards of growing rice in this area?

1)The Rice birds would eat all of the rice plants and wipe out the crop.

2)When there was a hurricane or strong winds, the salt water would get into the swampy areas and wipe out the crop for that year and possibly 2-3 years beyond that.

3.What was the Battle of the Rice Boats?

This was the first Revolutionary battle in Georgia in March, 1776. The British needed food, so they sailed past Tybee Island, intending to steal several rice boats without a fight. The Patriots surprised the British by sending cannon fire across Savannah harbor. The British stole the only ships not burning. It showed the British that the Georgia colonists were willing to fight for their independence.

4.Even though rice was a profitable crop, why was rice not more widely traded after the Revolutionary War?

There were only a few places in Georgia where rice could be cultivated, and the British refused to buy rice from the colonies following the war.

Cotton, however, could be grown in most of the other areas of Georgia, including the Piedmont. Other than the boll weevil, it was almost indestructible and grew fast. Also, after the war, it brought more money on the international market than rice.

Activities:

1. Research the growing of rice. If possible, find a rice plant or two and plant it in a pot the way it would be done on a rice plantation. (Because it needs so much water, it would be hard for students to understand this kind of planting unless they could actually see it.)

Also (or instead of finding a plant), make a cutaway drawing of how a rice plant is planted and grows. Answer this question: Why is the Georgia coast a natural place to grow rice?

2. Make a list of the advantages and disadvantages of making rice Georgia’s major crop.

Make a list of the advantages and disadvantages of making cotton Georgia’s major crop.

Vocabulary

chaff:  the husks of grains and grasses that are separated during threshing

delta: an area made of silt, sand, and pebbles that forms at the mouth of a river usually in a triangular form

Note: Georgia Public Broadcasting is not responsible for the content of Related Web Sites.

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3 years ago
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Sarah is a group member who doesn’t speak up or ask for time to speak in the group. Understanding her culture believes this is r
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​Rather than expecting her to initiate any self-disclosure, it might be helpful to ask her to consider sharing at least one reaction she experienced while listening to another member speak.

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Sarah is very communicative, this is usually a good trait, but in Sarah's case this trait has become annoying and inconvenient as Sarah does not allow any member of the group she participates to speak and expound on her ideas. To help Sarah, a therapist may ask Sarah to try to let someone else talk and then tell her how she felt when she heard a colleague's opinion. With this, The therapist encourages Sarah to listen and talk a little less.

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Answer:

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