Answer:
Emergence.
Explanation:
In this context, it can be said that Suzanne, Kyle and Monique are in the emergence phase of group decision making.
This phase occurs right after the conflict phase, in the emergence phase the ideas will be finally defined and there will be a consensus among the team.
At this stage it is common for the individual interests and needs of the team members to be set aside in favor of the team's interests.
Therefore, project members also tend to adopt a more softening stance and opinions with the intention of not appearing dominant in relation to the project.
The price elasticity of a good will tend to be larger if the fewer number of substitute goods will be available.
The cross elasticity of demand for substitute goods is always positive because the demand of one good increases at the time when the price for the substitute good increases however the cross elasticity of demand for complementary goods is always negative.
For example, if the price of coffee rises, the quantity demanded for tea which is the best substitute of coffee beverage will increase as consumers will switch to a less expensive but the substitutable alternative.
This is reflected in the cross elasticity of the demand formula, as both the numerator which is the percentage change in the demand of tea and denominator which is the price of coffee shows a positive increase.
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<span>Alice had original amount = $12,450. She earned an interest of $622.50 on the original amount. To find the percent, say, $622.50 = x% of $12,450, we get x% = 0.05 or x = 5%. Thus, Alice earned approximately 5% of the interest.</span>
Answer:
$291
Explanation:
The amount of refund that Brianna ought to receive is the difference between the taxes paid and what needed to have been paid.
Brianna paid $837 but $546 was the right amount to pay.
Refund = $837 - $546
Refund = $291
Answer:
Nominal rate of return= 0.0596 = 5.96%
Explanation:
Giving the following information:
Inflation averaged 3.46%
The real rate of return was 2.5%
<u>To calculate the nominal rate of return, we need to use the following formula:</u>
Real rate of return= nominal rate of return - inflation rate
Nominal rate of return= real rate of retunr + infaltion rate
Nominal rate of return= 0.0346 + 0.025
Nominal rate of return= 0.0596 = 5.96%
