Answer:
Hierarchy
Explanation:
Often, managers are placed with superior authority than other employees of a firm. These employees are expected to respect the manager in their operations. When it comes to decision making they follow the hierarchy of staff members, that is from Top to Down level.
Thus, In a law firm we would expect a hierarchical structure that is based on years of practicing law.
Currently, in the United States, the greatest volume of goods and services are shipped by rail.
Answer:
$12,000
Explanation:
Take 20 pieces $20 average price per piece 30 days
= $12,000 expected sales for the month
Answer:
a. monopolistic elements in the economy will prevent an immediate sharp fall in prices as a result of decreasing demand
Explanation:
When there is recession the price of the factor goes down and with that, the insufficient demand for a certain good or services is eliminated. The reasoning is that the decrease in prices stimulates demand and adjust the market.
Keynes among other economist consider that unemployment increase during recessions because the nominal wages rate do not fall. As the union and worker do not want to see their wage decrease. Same is applied to prices which makes then inflexible in a downward direction.
While "supply creates its own demand" is "Says's Law" which is rejected in keynes main book "The general theory"
Hece option A is the only one which is true
Answer:
The intrinsic value = $469.15
Explanation:
<em>The price earning (P/E) ratio can be used to determine the price of a stock. This is done as follows:</em>
Price = EPS × P/E ratio
It is appropriate to use the industry average price-earning ratio for the purpose of this valuation.
The intrinsic value = 19.75 × $5.50 = $469.15
