Answer:
PED = -0.4 or |0.4| in absolute terms
Explanation:
price elasticity of demand (PED) = % change in quantity demanded / % change in price
- % change in quantity demanded = [(30 - 50) / 50] x 100 = -40%
- % change in price = [($24 - $12) / $12] x 100 = 100%
PED = -40% / 100% = -0.4 or |0.4| in absolute terms
the demand is price inelastic since |0.4| < 1
this means that the change in quantity demanded is proportionally less than the change in price.
 
        
             
        
        
        
Answer:
The home needs to sell for $105,263.16 for the seller to receive net of $100,000.00
Explanation:
The amount that the home needs to sell can derived from the net to seller's formula given as: Net to seller = Sale Price * (100% - commission rate)
Net to seller=$100000
Sale price is unknown
commission rate is 5%
$100000=sale price*(100%-5%)
$100000=sale price *95%
sale price =$100000/95%
sale price =$105263.16
For the seller to receive $100000 after 5% commission the property must e sold for $105,263.16
 
        
             
        
        
        
Answer:
decreasing marginal benefit.
Explanation:
A consumer measures the amount of satisfaction gained by consuming a product in making a buying decision.
When a person comes a product his satisfaction increases up to a point, and from that point as consumption increases the satisfaction derived reduces.
Consumption after this point is known as decreasing marginal benefit to the customer.
This affects the customer's willingness to buy more of this product. Patronage of lemonade will reduce as the customer looks for another product to satisfy his needs.
 
        
             
        
        
        
Answer:
The type of action that asks how and why performance deviated is called BASIC CORRECTIVE ACTON.
Explanation:
Basic corrective action are Corrective action that looks at how and why performance deviated before correcting the source of deviation.
Basic Corrective Action - Essential restorative activity that takes a gander at how and why execution veered off before remedying the wellspring of deviation. It's not unusual for supervisors to legitimize that they don't have opportunity to discover the wellspring of an issue (fundamental restorative activity) and keep on ceaselessly "put out flames" with prompt remedial activity.
 
        
             
        
        
        
If i am correct then the answer should be true letter b.)