Answer:
860
Explanation:
The HHI is calculated by squaring the market share of each firm in the industry.
8(10²) + 2(5²) + 10(1²) = 800 + 50 + 10 860
A person who doesn't lock doors or fix leaks presents morale hazard.
<h3>What is morale hazard?</h3>
It refers to an unconscious attitude of an individual who is indifferent to the loss of their personal property that is covered by insurance, since the insurance could cover the damages that have occurred.
Therefore, morale hazard is the change in behavior that comes from the subconscious, generating indifference about the loss of goods because they are covered by insurance.
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Answer:
given statement is false
Explanation:
increase in sale = 10 %
so here total sale is
sale = $5 million + 10%
sale = $5.5 million
and
cash sale is
cash sale = $5.5 million × 90%
cash sale = $4.95 million
so
credit sale is here as
credit sale = $5.5 million - $4.95 million
credit sale = $0.55 million
so here credit sale 0.5 million increased to 0.55 million
so 10% increase
hence regardless increase in cash sale is increase
so given statement is false
The factors that can impact the elasticity of demand are:
necessity versus luxury
availability of substitutes
<h3>What is the elasticity of demand?</h3>
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
The more close substitutes a good has, the more elastic its demand. This is because if price is increased, consumers can easily shift to the consumption of an alternative product.
Goods that are deemed as necessities usually have an inelastic demand. While goods that are deemed a luxury usually have elastic demand.
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Answer: Critical resources
Explanation:
The critical resources are the types of resources that are only used for one time when the schedule gets increased and it basically refers to the time when the resources become overloaded.
According to the question, the Remington arms basically analyzing its specific capacity for exploiting the various types of new products and the services in the market.
In this process, the organization is typically evaluating its available capital in an organization and the various types of technical and the management expertise.
Therefore, Critical resources is the correct answer.
