<span>The theory of elasticity refers to the responsiveness of supply and demand to changes in price. The elastic product means that any change in price can result in changes in supply or demand. The inelastic product means that changes in price do not affect to a noticeable degree, supply or demand.</span>
Answer:
The answer is Option B.
$48000
Explanation:
Guaranteed payment $30,000.00
Balance distribution [($210000-$90000)*40%] $48,000.00
Stephanie's adjusted gross income $78,000.00
Less : Guaranteed Payment every year $30,000.00
Increase in Stephanie's adjusted gross income $48,000.00
Answer:
The correct answer is letter "A": Agency Problem.
Explanation:
An Agency Problem occurs when a conflict of interest arises for an agent, a person acting on behalf of another person. The conflict of interest arises when the agent's own interests are different from those of the principal or the person being acted for. In the corporate world, the <em>Chief Executive Officer</em> (CEO) is an agent acting for the owners of the company: the <em>stockholders</em>.
This example represent a PUSH promotional strategy. Push is a marketing strategy where businesses make efforts to take their products to the consumers. Push strategy motivates a consumer to actively seeks out a particular product. This strategy can be especially used for new products in order to create awareness.