Answer:
None of the answers is correct, it should be 64 utils
Explanation:
If Barry's utility from consuming a used novel is 32 utils and the book costs $4, he was able to get 8 utils per dollar (= 32 / $4).
If an audio book costs $8, then Barry should obtain $8 x 8 utils per dollar = 64 utils.
Answer:
B. the percentage change in quantity demanded exactly offsets the percentage change in price
Explanation:
Unit elastic demand is an economic theory that assumes a change in price will cause an equal proportional change in quantity demanded.
Importation is the term used to describe the act of buying and securing goods from another country.
Answer:
A. Is the process of allocating to expense the cost of a plant asset.
Explanation:
Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.
Depreciation is the process of allocating to expense the cost of a plant asset.
Explanation:
Vision and mission statements are extremely important for a company to convey its core values to its employees, suppliers and customers. They help communicate the company's identity and provide direction and set goals that are fundamental to organizational success. They are considered the basis of an organization, <u>so it is not recommended that changes in vision and mission are frequent</u>, the reasons that justify the change <u>would be the change of the organizational focus and the evolution of the organizational objectives and expansion of the target audience.</u>
