Answer:
The organization have many stimulants that play a great role in changes of the in an organization
Explanation:
- The forces that used to changes in an organization such as:
- What is the nature of the workforce
- What technology has been used in the forces
- The economic changes have ever changed the stock market, has ever changed the gas market
- What is the competition in the market for the forces?
- What are the social trends in it?
- World politics.
Answer: Receiver's preference and level of technical expertise
Answer:
-1.67
Explanation:
Price elasticity of demand using midpoint method can be formulated as below:
Price elasticity of demand = {(Q_2 - Q_1)/[(Q_2 + Q_1)/2]}/{(P_2 - P_1)/[(P_2 + P_1)/2]}, where:
<em>Q_1 and Q_2 are the volumes before and after price changes;</em>
<em>P_1 is initial price and P_2 is new price.</em>
Putting all the numbers together, we have:
Price elasticity of demand = {(50-100)/[(50+100)/2]}/{(3-2)/([(3+2)/2]} =
- 1.67
Note: Negative sign indicate that when price increases volume will decrease.
Answer:
Price inelastic
Explanation:
The demand for a good is price inelastic when changes in price dont affect the quantity demanded.
Barry's customers do not consider price when making purchases. Prices, therefore, do not influence their purchasing decisions. If prices change, the quantity demanded would remain unchanged.
I hope my answer helps you.
