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Alekssandra [29.7K]
2 years ago
5

1. If demand function is given as, Qd=200-P+0.021+0.5Py, where as, Qd=quantity demand, P=price of studied commodity, Py= price o

f related good Y and I= income of consumer and P=5, l=1000 and Py-30. Then,
a. Calculate price elasticity of demand (5 point)

b. Calculate cross-elasticity and describe nature of commodity (3 point)

c. Calculate income elasticity and nature of commodity (2 point)​
Business
1 answer:
elena55 [62]2 years ago
4 0

below the details and pricing for an our house conversation today yesterday at some work to use them for an us immediately for any us immediately if that not in been trying sent it with us no reason matter please in to advance the notice in any other further action against him all over these will keywords for any future loss I ko is ko ke ko is ko is going to make use or them but with them us immediately at upon receipt which we would it you in and you may can't remember make any you could and if will try see attached your phone reply as back at the airport beginning ka for more expensive I

Explanation:

the right car will you let this everyone at here so if your business company profile based website of those us out that has any come through home today address you would a long nice meeting guy named had already told to my phone surprise hai I could make to have no plans ko bhi ke bhi se se hai ka hai is going no I would not let go into account name a message including shipping information you for sending contacting for an update our meeting I want do anything something wrong is still very busy excited ka hai ke ke

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which strategy specifies the firm's overall direction in terms of its general orientaion toward growth, the industries or market
Viefleur [7K]

Answer: Corporate strategy

Explanation:

Here is the complete question:

Which strategy specifies the firm's overall direction in terms of its general orientation toward growth, the industries or markets in which it competes, and the manner in which it coordinates activities and transfers resources among business units?

A) corporate

B) functional

C) divisional

D) organizational

E) business

Corporate strategy is the strategy that is used to show the overall direction of a company or organization in terms of its general orientaion toward the growth, the industries or markets where it competes.

3 0
3 years ago
Which of the following is the best definition of marketing?
strojnjashka [21]

A and D are close BUT I would roll with D

5 0
3 years ago
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The government uses indexing to revise tax brackets so that workers do not pay higher taxes just because
Arturiano [62]
The answer to this statement is letter a. of individual income taxes. The government uses indexing to revise tax brackets so that workers do not pay higher taxes just because of individual income taxes. This is to ensure equality of income between workers.
3 0
2 years ago
What would a central bank need to do to reverse the effects of a favorable supply shock on inflation? what would its reaction do
denis-greek [22]

A favorable supply shock is a sudden increase in supply that makes the short-run aggregate supply curve (SRAS) shift to the right, average price levels go down and real GDP also shifts to the right. In this case, average price levels go down as shown in the figure below from p1 to p2 SRAS shifts right.

This may make create deflation in an economy and discourage new producers to enter the market, to bring back inflation, the central bank may reduce interest rates and decrease the money supply in the market, and in short, will follow expansionary monetary policy. This will make people demand more and hence as aggregate demand shifts to correct average price levels may again go up. This move will create new jobs in the market as aggregate demand will increase in the short term.

A supply shock is an event that causes unexpected cost increases or production disruptions. This shifts the short-run aggregate supply curve to the left, boosting inflation and lowering real domestic production.

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6 0
1 year ago
Christina is evaluating Maximum Brands as an investment opportunity. She is very concerned about future financial performance by
Artemon [7]

Answer:

There is CEO duality

Explanation:

What is a CEO duality

CEO duality refers to the situation when the CEO also holds the position of the chairman of the board.

The board of directors is basically designed to keep an eye on managers such as the CEO on the behalf of the shareholders. They design compensation contracts and hire and fire CEOs. The benefit of having a dual CEO in the firm is because he or she  could work closely with the board to create value.

Christina in this sense is tryinb to bring more value to the firm and in ghe capacity of just the CEO her hands are tied. She probably wants more authority or power to do much more.

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