Answer:
Income elasticity = 2
Normal good
Explanation:
Below is the given values:
Percentage decrease in consumers income = 10%
Percentage decrease in quantity demanded = 20%
Use the below formula to find the income elasticity:
Income elasticity = % change in quantity demanded / % in income
Income elasticity = -20/-10
Income elasticity = 2
Since the elasticity is 2 that means good is normal good.
In this scenario, Roger's behaviour would best be classified as an elaborator.
While working in a group each individual contributes in their own ways.
Benne and Sheats defined roles in a group and classified them in three categories. These categories are
1. Task roles : relate to actually achieving the task goals.
2. Personal Roles : relate to the interpersonal relationships between team members. A highly qualified team, when all team members with a high ego will not be able to achieve the desired goal within the deadline.
3.Dysfunctional Roles: do not contribute in any way to a group. They are only interested in serving their own interests and more often than not, are responsible for disruptions and discord within the group.
The right combination of various roles in a group goes a long way in achieving a goal.
The Elaborator is a task role. The Elaborator takes up an idea and gives his views on how that idea might turn out if it is implemented in the given suggestion.
Price elasticity can be calculated using the attached formula where:
the first term represents the % change in quantity and the second term represents the % change in price
% change in quantity = (100-120) / (220/2) = -2/11 x 100 = -18.1818%
% change in price = (7-5) / (12/2) = 33.3333%
price elasticity = 18.1818/33.3333 = 0.55Note that the price elasticity is usually taken as an absolute value.
Answer: Third-party lawsuit
Explanation:
A third party lawsuit is a form of lawsuit which is brought against another individual or another party in regards to the injuries which are being suffered by the plaintiff.
A third party lawsuit can be filed by the employees who are not a target of sexual harassment but work where it is occurring.
