Social business commonly involves sites like twitter and Facebook to collaborate with customers. The term social business is described by the <span>Professor Muhammad Yunus.
</span>This type of business includes social media as part of its business plan. It is a beginning point for the sharing economy<span>, because it facilitates the ways that companies can use </span>crowd-based<span> technologies.</span>
Answer:
correct option is b. False
Explanation:
as above given statement is false because
- The current method of receiving is more traditional than the income method because the formal method depends on the receivable age.
- Therefore, the revenue percentage method is better than the percentage receivable method for estimating the total collection cost, because it is more traditionally incorrect
so answer is false
What are the answer choices?
Family size is 100% the correct answer.
Answer:
230
Explanation:
Good A has an income elasticity of -1.5. The goods is an inferior good since it has a negative income elasticity. An increase in income reduces its demand, but a decline in income increases its demand.
Fraol’s income has decreased. He will demand more of good A.
the formula for calculating income elasticity is as follows
Income elasticity of a good = % Change in demand/ % change in income.
i.e - 1.5 = % Change in demand/ % change in income.
% change in income =( 40,000 -36,000)/40,000 x 100
=4,000/40,000 x 100
=10%
-1.5 = %CD/10
%CD= 10 x -1.5
%change in demand = 15%
the new demand will be( 15% x 200 ) + 200
=(15/100 x 200 )+200
=(0.15x200) +200
=30 +200
=230