Answer:
<em>B. she is confusing between price elasticity of demand and income elasticity of demand.</em>
Explanation:
Envy miscalcualte the price elasticy whhich from 1,000 to 1,100 was 12% not the 7% forecasted
The increase in income is a different factor. An increase in income will make the people in the country to consume and/or save more
but they will decide on each product market considering the price/elasticity
In this case, it was -0.12
Answer:
The correct answer is: generativity vs. stagnation.
Explanation:
According to German psychoanalyst Erik Erikson (1902-1994), there are <em>eight (8) stages of Psychosocial Development</em>. Generativity vs. Stagnation is the seventh stage where individuals are between 40 to 65 years. <em>Generativity </em>aims to individuals' self-satisfaction by making an impact in their immediate surrounding environment. Failure to contribute to others' development causes <em>stagnation </em>and individuals tend to feel disconnected from their atmosphere.
Answer:
Yes
Explanation:
The damages can be recovered as Jerome and Gary hung the playground swing improperly. A child was injured due to their negligent actions. The case will be on Meadowbrook Playground and not on the individual person who has committed the mistake. According to law, the damages can be recovered as the enterprise owned the whole property, and due to their carelessness in the installation of swing, the accident took place. The child's parent has every right to recover damages from the playground owner.
Answer and Explanation:
What is the critical issues confronting WCC North America?
WCC North America faces a supply chain management issue whereby there are lapses in integrating divisions within the organization resulting in complications with determining order status of customers.
What changes, if any, should be initiated to address the critical issues?
The text "Supply Chain Logistics Management, by Donald J. Bowersox, David J. Closs, M. Bixby Cooper, John C. Bowersox, 2013" mentions the need to address the critical issue of WCC North America by setting up a system that populates data of customer order status,recognizing them as high volume key accounts, in order to keep order response efficient and effective.
In the components of a business plan, the section which contains a detailed description of the company, the problem/opportunity, proposed solution to be offered, and your competitive advantage is "Financial Projections section"
<h3>
What is Financial Projections?</h3>
Financial predictions forecast your company's future revenues and expenses using existing and estimated financial data.
They frequently contain many scenarios so you may see how adjustments to one part of your finances (for example, increased sales or reduced operational expenses) may affect your profitability.
Financial predictions are an important tool for business planning for a variety of reasons.
- Financial predictions assist you in setting your beginning budget, determine when you may anticipate the business to be become profitable, or set benchmarks for meeting financial goals if you're starting a business.
- If you currently have a firm, making annual financial projections can assist you in setting goals and keep on target.
- Both startups and current firms will require financial estimates when seeking outside finance to convince investors and lenders of the business's development potential.
To know more about the financial projections, here
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