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Artemon [7]
3 years ago
11

What is the relationship between the Employee class and the Manager class? What concept does this demonstrate

Business
1 answer:
FrozenT [24]3 years ago
8 0

Answer:

Here, The Manager class is a child class of Employee class. There is an “Is-A” relationship between the manager and employee classes. Here Manager class extends from Employee class. That means Manager “is an” Employee.

It means Manager class objects will have the fields of the Employee class but it cannot access them on its own as my Name, my Title and my Age are declared private. It has to use super keyword and super class methods and constructors to access those fields. But, Manager class can access mySalary on its own because it is declared protected. As a sub class object can call super class methods ( which are public and protected ), the sub class objects can access those field indirectly by using super class constructors and methods. It means the Manager class cannot directly control the Employee class fields without using Employee class constructors and methods.

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SEC Rule 10b-18 allows an issuer to buy its shares in the open market:________.A. at any price that is reasonably related to the
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Answer:

B. at the highest independent bid or the last reported sale price, whichever is higher

Explanation:

SEC Rule 10b-18 was issued to create a safe harbor that reduces a company's possible legal liabilities related to repurchasing their own stock. Companies can decide to follow it or not, but if they follow it, they must comply with specific requirements that depend on the company's size and trading activities. Even if companies follow all the requirements of this "safe harbor", all legal liabilities are not eliminated, instead some specific provisions will not be considered to have been violated by the company.

The conditions related to this rule  include

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7 0
3 years ago
At high price levels, demand tends to be ________ and the price effect is ________, relative to the output effect.
rosijanka [135]
At high price levels, demand tends to be elastic and the price effect is small relative to the output effect.
3 0
2 years ago
In the model of monopolistic competition, if firms have average cost curves that________ with the quantity sold, then opening tr
Gemiola [76]

Answer:

a. downward sloping

b. decrease

c. decrease

Explanation:

Monopolistic competition is a type of imperfect competition:

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Behavior :

As in the other models already analyzed, these companies seek to maximize their profit, which will lead them to set their level of activity at the cut-off point of the marginal revenue and marginal cost curve.

Once this level of activity has been determined, the price will be determined by the demand curve.

Therefore, in a monopolistic competition market, the company produces in the descending section of its average total cost curve, while in competitive markets it produces at the minimum point of its average total cost curve.

Monopolistically competitive companies produce below the efficient scale. This lower activity means that, unlike the perfectly competitive market, the total profit is not maximized.

8 0
3 years ago
Suppose the cost of operating a 75 room hotel for a night is $6,000 and there are 5 empty rooms for tonight. If the marginal cos
Anit [1.1K]

Answer:

More than $40, as the marginal benefit will exceed the marginal cost.

Explanation:

A firm should continue to produce a good or service, to hire an additional worker, and to engage in any type of economic activity as long as the marginal benefit is higher than the marginal cost.

In this case, operating one room for the night costs $40. That is the marginal cost. What the customer pays for renting the room for the night is the marginal cost. Therefore, as long as the customer pays more than $40 for the night, the hotel should rent out the room, because the marginal benefit is higher than the marginal cost.

6 0
3 years ago
Which element of the store's environment is concerned with the store's exterior design, ambience, and lighting?
dlinn [17]

Answer:

The answer is, Store design!

Explanation:

It is during the designing process that the internal environment is set. This is one of the most vital parts of setting up a successful store as The exterior design, ambiance, and lighting are key features that differentiates a store from its competitors!

Store's internal and external designs plays an important Psychological role as well. It "lures" in the customers with its attraction.

Arousing the curiosity of potential customers is another function a store design plays.

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