The price elasticity of supply for a good is 3 if a 1% decrease in price leads to a 3% decrease in quantity supplied.
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Explanation:</u></h3>
The measure of the response that a supply for goods and services shows after the modification of prices refers to the Price elasticity. When the price of any goods or services increases there will be a rise in the supply of goods and services. When the prices of any goods or services decreases then the supply of those goods and services will also decrease.
Price elasticity also measures the demand that a product or services has based on the modification of the price. When the product tends to be affected by the price changes it is said to be elastic. When it is not responding to the prices of the product the n these are said to be inelastic. In the given example the price elasticity of the supply of a good is said to be 3% and if a 1% decrease in price leads to a 3% decrease in quantity supplied.
Answer:
Planning Phase
Explanation:
Strategic marketing process deals with planning to develop and to implement operations so as to attain a competitive edge in the market over competitors.
The aspect of strategic management process that deals with conducting SWOT analysis is the planning phase it is the first phase and a very important phase in strategic marketing. It is the phase that assess the strength of the organisation, its weakness, its opportunity as well as the threat that it might face when trying to achieve its goals. This process requires an organisation to conduct a SWOT analysis, set marketing goals, determine how to manage the four p's among other things.
Answer & Explanation: An origination fee is a payment associated with the establishment of an account with a bank, broker or other company providing services handling the processing associated with taking out a loan.
Answer: The options are given below:
A) The promotions and bonuses of the team members depended heavily on Will's performance ratings.
B) The company had provided Will with additional duties and he was left with little time to ensure that his team members performed well.
C) Will believed that since the job demands in marketing were ambiguous and ever-changing, a supportive approach to leadership would suffice.
D) Will was considered an expert at analyzing market trends and making accurate projections.
E) Will was uncomfortable exercising coercive measures to control employees.
The correct option is E.
Explanation:
Will Paten is someone that is liked by all his co-workers, including his colleagues and subordinates. He is probably liked by all because he is a nice and easy going person, who does not enjoy forcing his will on others.
Aaron and Abby are likely taking Will's niceness for granted and they believe that they would not be punished for going against Will's requests.
Will, being an easy going and nice person will not enjoy forcing them to do his bidding, he will therefore be uncomfortable about exercising coercive measures to control Aaron and Abby.
Answer:
The answer is 12.9%
Explanation:
This question will be solved using the Dividend Discount Model(DDM).
Po = D1/r - g
Po is the current worth of stocks
D1 is the next dividend paid
r is the rate of return
g is the growth rate
$43 = $2.12/ r - 0.08
43r - 3.44 = 2.12
43r = 5.56
r = 5.56/43
=0.129
Expressed as a percentage:
The required return for Savitz, Inc., is therefore 12.9%
