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3 years ago

11

A certain product has supply elasticity 0.4 and demand elasticity 2.7. If a tax were placed on the product, what is most likely

to happen

1 answer:

Soloha48 [4]3 years ago

8 0

Answer:

Sellers will bear more of the tax burden.

Explanation:

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What are the primary strategies that can help groups reach consensus?

stiv31 [10]

Answer and explanation:

In the decision-making process, the consensus is the point at which the members of a given group agree with having decided which is the best path they should take to reach an objective. Strategies that can help come to that state faster include encouraging participation since the most team members collaborate in the decision-making, the more involved they will be the project; introducing a voting system in case there are too many differences among the team members to eventually decide what the majority agrees with; and, creating a team developing a solution in case natural consensus cannot be achieved. They will be in charge of deciding what to do based on information obtained from the discussion.

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3 years ago

In 2008, Cameron began his career with SBC. His starting salary was $32,000. By 2012, his salary increased to $35,000. If the CP

frez [133]

Based on the CPI in 2008 and 2012, Cameron's 2012 real income is <u>$34,400</u>.

<h3>What is real income?</h3>

The real income is the inflation-adjusted income. It is not the same as the nominal income.

For instance, Cameron's nominal income in 2012 is $35,000, but the inflation-adjusted (CPI) real income should be $34,400 based on his starting salary of $32,000 in 2008.

<h3>Data and Calculations:</h3>

Starting salary in 2008 = $32,000

Salary in 2012 = $35,000

Consumer Price Index (CPI) in 2008 = 100.0

Consumer Price Index (CPI) in 2012 = 107.5

CPI adjusted salary in 2012 should be (real income) = $34,400 ($32,000 x 107.5/100.0)

Thus, based on the CPI in 2008 and 2012, Cameron's 2012 real income is <u>$34,400</u>.

Learn more about CPI and real income at brainly.com/question/24802187

8 0

2 years ago

"if you change the units of one of the variables, the value of correlation will increase or decrease. "

brilliants [131]

That statement is False

If we change units in one of the variables the value increase, decrease, or stay the same
The value of the correlation is the result of the interractions of all the units in that variable, so changing onle one of the variables does not necessarily change the end result of the value.

7 0

3 years ago

Which two main categories can an organization fall into that would require them to comply with hipaa rules?.

Klio2033 [76]

The main categories that an organization can fall into that would require them to comply with hipaa rules are covered entities and business associates.

<h3>What is HIPAA rule?</h3>

HIPAA rule simply means national standards to protect individuals medical records and other health information.

In this case, the main categories that an organization can fall into that would require them to comply with hipaa rules are covered entities and business associates.

Learn more about HIPAA rule on:

brainly.com/question/11069745

4 0

2 years ago

Explain the 5 marketing objectives?

solmaris [256]

Answer:

Creation of Demand 2. Customer Satisfaction 3. Market Share 4. Generation of Profits 5. Creation of Goodwill and Public Image

Explanation:

The basic purpose of marketing management is to achieve the objectives of the business.

6 0

3 years ago