Answer:
-2
Explanation:
To find the cross price elasticity between to goods, we use this formula:
Cross Price Elasticity of Demand = % change in quantity demanded of good 1 / % change in the price of good 2
Now, we plug the amounts into the formula
Cross Price Elasticity of Demand = -50% / 25%
= -2
Answer:
The Kreidler Kids company has a producer surplus of $500.
Explanation:
Producer surplus can be described or calculated as the amount a producer is willing to supply or sell goods and the actual amount the supplier received.
For this question, the producer surplus can therefore be calculated as follows:
The amount Kreidler Kids company can produce swing sets = $1,000
The amount paid by Kendra for the the swing set = $1,500
Producer surplus = The amount paid by Kendra for the the swing set - The amount Kreidler Kids company can produce swing sets = $1,500 - $1,000 = $500
Therfore, the Kreidler Kids company has a producer surplus of $500.
Answer:
The answer is A) Organic structure
Explanation:
An organic organizational structure can be described as:
- very flexible
- extremely flat reporting structure (horizontal), few layers of management
- a manager usually controls a large number of employees, not much direct supervision
- relies on employees having high interdependence (work as a team)
- adapts well to changes
The top management of Mayer Inc. probably chose an organic organizational structure in order to foster creativity and team work.
The answer is e. brainstorming. Brainstorming is a group
activity technique, wherein a large number of ideas are created, while the
evaluation of these ideas are suspended and will be reviewed later on after
making a group agreement or decision. Brainstorming can also be used in terms
of solving a problem, by gathering ideas for a specific problem, through the
help of the spontaneous ideas given by the group’s members.
Answer:
$218,200
Explanation:
The computation of amount charged to income (expense and loss) is shown below:-
Total cost of the patent = $200,000 + $66,000
= $266,000
Amortization expense for 3 years = $266,000 ÷ 10 × 3
= $79,800
Net Patent cost = Total cost of the patent - Amortization expense
= $266,000 - $79,800
= $186,200
The amount charged to income (expense and loss) in 2024 related to the patent = Net Patent cost + Legal fees
= $186,200 + $32,000
= $218,200
