Answer:
Apple's price/marginal cost ratio, Lerner index, and the elasticity of demand is 3.76, 2.76 and - 0.36 respectively.
Explanation:
a. The computation of apple's price/ marginal cost ratio is shown below:
Price/ marginal cost ratio = Price ÷ cost
= $331 ÷ $88 = 3.76
b. The computation of Lerner index formula is shown below:
Lerner index = (Price - marginal cost) ÷ price
= ($331 - $88) ÷ $88
= $243 ÷ $88
= 2.76
c. The computation of elasticity of demand is shown below
Elasticity of demand = - 1 ÷ Lerner index
= - 1 ÷ 2.76
= - 0.36
Hence, apple's price/marginal cost ratio, Lerner index, and the elasticity of demand is 3.76, 2.76 and - 0.36 respectively.
A <u>team work</u> is the term for the contradictory tensions that mentions the competing factors that successful groups keep in tension that includes conformity/nonconformity, task focus/social focus, structure/spontaneity, individual goals/group goals.
<h3>What is a
team work?</h3>
It refers to the collaborative effort of a group to achieve a common goal in the most effective and efficient way. It is seen within the greater framework of a team in which group of interdependent individuals who work together towards a common goal
Hence, it is also the term for the contradictory tensions that mentions the competing factors that successful groups keep in tension that includes conformity/nonconformity, task focus/social focus, structure/spontaneity, individual goals/group goals.
Read more about team work
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Answer:
Nominal group technique (NGT)
Explanation:
Based on this scenario, it can be said that Britney used Nominal group technique (NGT) to generate the ideas. This is a structured method used for group brainstorming, which encourages full contribution from all members of the group and focuses on quick agreements on the issues/problems at hand, thus leading to faster solutions to those problems, and allows those ideas to come to fruition at a much faster and efficient pace.
The second one and ur welcome
Answer: $17.25 trillion
Explanation:
The dollar value of the economic activity taking place at every stage of production and distribution will simply be the gross value and thus has been given in the question as $17.25 trillion.
It is the value of production activities for a particular economy at every production stage.
