The answer to the question above as to which is not a form of compensation is fixed working hours. Compensation can come to different forms and it includes bonuses, awards, promotion and higher opportunity to once career. Working on a fixed working hours is not a form of compensation because it is a standard form of employment. We can say that a Flexible working schedule or hour will be a compensation because it is a form of an advantage to the employee.
Answer:
a) Breakeven price = Purchase price + Interest amount that would have been earned on the invested amount
Breakeven price = 23 + [23*e^(0.05*1/2) - 23]
Breakeven price = 23 + 0.5822477721
Breakeven price = $23.5822477721
b) Profit = Selling price - Breakeven price
Profit = $23.80 - $23.5822477721
Profit = $0.2177522279 per share
Answer:
The correct answer is letter "A": an economic downturn that persists for more than two consecutive quarters of the year.
Explanation:
Recessions are economic downturns in an economy characterized by the fall growth for more than two consecutive quarters. The most important indicator that determines the economic downturn is the real Gross Domestic Product (GDP). The National Bureau of Economic Research (NBER) is the entity in charge of calling the recession.
Answer:
C.
Explanation:
Price elasticity of demand (PED) measures the responsiveness of demand after a change in the good’s own price.
Demand is relatively inelastic if the quantity demanded changes less than proportionally to the change in price
.
In this instance, total revenue increases following an increase in price.
Inelastic product is highly unresponsive to changes in price.
If the co-efficient of price elasticity of demand <1, then demand is said to be price inelastic i.e. unresponsive to a change in price Price.
Following a change in price, the total revenue earned by the producing firm will depend on the PED for its product.
If the coefficient of PED is <1, a rise in market price (e.g. from P1 to P2) will lead to an increase in total revenue for the seller of the product.
