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docker41 [41]
2 years ago
11

What is Pyramid scheme​

Business
1 answer:
Karo-lina-s [1.5K]2 years ago
4 0

Answer:

A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.

Explanation:

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If the absolute value of the price elasticity of demand is greater than 1:
FrozenT [24]

Answer:

b. small percentage changes in the price will lead to much larger percentage changes in the quantity demanded.

Explanation:

Price elasticity of demand is a measure of how responsive is quantity demanded to change in price. Its formula is given by:

E_{D} = \frac{dQ}{Q}{\frac{P}{dP} =

= % Change in Quantity Demanded / % Change in Price

So when absolute value E_{D}  is greater than 1, a x percentage change in price will lead to larger than x percentage change in quantity demanded.

<u>Note</u>: Whether the percentage change in quantity demanded will be just a little or very much larger than percentage change in price will depend on how much E_{D} is larger than 1. But b is the still the best answer among the options.

7 0
3 years ago
What part of the microcomputer is considered the "brain" that follows the instructions sent to it by software running on the com
WARRIOR [948]
The CPU is sometimes considered the "brain" of the computer
4 0
3 years ago
Nguyen, Inc. has received a bid for 15 comma 000 units. The costing estimates show that the average cost per unit for this bid w
8_murik_8 [283]

Answer:

B. $ 12 comma 600 comma 000

Explanation:

15,000 units x $700 cost per unit = 10,500,000 total cost

markup policy for the firm: 20% of total cost

the sales price will be the total cost for the order plus a 20% of that cost as a gross profit margin.

sales price = cost x (1 + 20%)

sales price = total cost x 1.20

sales price = 10,500,000 x 1.2 = 12,600,000

4 0
2 years ago
The process of improving the competencies, team member interaction, and overall team environment to enhance project performance
sweet-ann [11.9K]

The process of improving the competencies, team member interaction, and overall team environment to enhance project performance is known as developing Project Team.

Project performance control is the process of creating, implementing, and handling projects that make contributions to the performance of a business enterprise and its method. In place of specializing in project execution, mission overall performance management is ready for the bigger picture.

There are 5 key procedures worried in development and performance measurement: progress dimension making plans, performance size planning, development, and overall performance size execution, monitoring and management, and dimension closure.

A project performance domain is described as a set of related activities which might be crucial for the powerful shipping of challenge results.

Learn more about project performance here brainly.com/question/26402160

#SPJ4

4 0
2 years ago
_______ requirements describe the dependability of a system such as service outages and incorrect processing.
jekas [21]
<span>Reliability requirements describe the dependability of a system such as service outages and incorrect processing.
in FURPS+ acronym, R stands for reliability in which we check for system failures predictable, accuracy, recoverable etc.
F stands for functionality, u stands for usability, R for reliability, P for performance, S for supportability and Plus for other constraints. Robert Grady of HP devised this FURPS+ acronym.
</span>
7 0
3 years ago
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