Answer:
<em>to efficiently and effectively utilize the resources that the management has in hand. </em>
<em>hope this helps</em><em> </em><em><</em><em>3</em>
A change in the cost of inputs would have the greatest impact on the price in the market for belts
Demand is elastic if a small percentage change in price leads to greater percentage change in quantity demanded. For example, a 10% change in price leads to a 50% change in the quantity demanded.
Demand is inelastic if a small percentage change in price leads to little or no change in the percentage change in quantity demanded. For example, a 10% change in price leads to a 5% change in the quantity demanded.
Supply is elastic if a small percentage change in price leads to greater percentage change in quantity supplied. For example, a 10% change in price leads to a 50% change in the quantity supplied.
Supply is inelastic if a small percentage change in price leads to little or no change in the percentage change in quantity supplied. For example, a 10% change in price leads to a 5% change in the quantity supplied.
An increase in cost would lead to a fall in supply as it would be more expensive to produce. A decrease in supply would lead to an increase in price.
In markets where the demand is elastic, the change in price would lead to a greater decrease in demand when compared with a market where demand is inelastic.
In markets where supply is inelastic, when price increases, suppliers would not be able to reduce supply as much as the market where supply is inelastic
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Even after commencement of business operations, officers and directors have a responsibility to comply with <u>corporate formalities.</u>
Corporate formalities is a term that is used to refer to the operating rules and guidelines that a corporation or business has to or must follow so as to meet its operational requirements. This in turn allows it to maintain the corporate protections that it enjoys.
Corporation refers to an entity that enjoys the backing of a law. It is separate from the directors or owners of the company.
It has the responsibility to comply with the rules and regulations so as to have a proper corporate functioning.
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Answer:
The correct answer is: scope.
Explanation:
Earned Value Management (<em>EVM</em>) is a helpful method that allows high-rank executives to measure the performance of their projects. It analyses the difference between the work planned in the project with the work performed. The three pillars of EVM are <em>scope, time, </em>and <em>cost information</em>. The scoping process implies a Work Breakdown Structure (<em>WBS</em>) where the initial plan is broken into micro levels for better analysis.
Answer:
demand curve shift right means price intersects lower and quantity is increased
Explanation:
price decrease, quantity increase
