Answer:
We do not have enough information to answer this question.
Explanation:
The price elasticity of demand measure the elasticity of anything when there is a change in the quantity demanded of that thing relative to the percentage change in price of it.
The formula for Price elasticity of demand is,
=> Percentage change in QTY demanded / Percentage change in price.
Hence it can be concluded that although we have the change in price but we do not have the quantity mentioned in the question anywhere.
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Answer:
Audit
Explanation:
Financial auditing is the process of examining an organization's (or individual's) financial records to determine if they are accurate and in accordance with any applicable rules (including accepted accounting standards), regulations, and laws.
External auditors come in from outside the organization to examine accounting and financial records and provide an independent opinion on these records. Law requires that all public companies have their financial statements externally audited.
Internal auditors work for the organization as internal employees to examine records and help improve internal processes such as operations, internal controls, risk management, and governance.
Usually, a minimum wage that is set below a market's equilibrium wage will result in an excess demand for labor, which is, a shortage of workers.
<h3>What is a
market's equilibrium wage?</h3>
The equilibrium market wage refers to an intersection of the supply and demand for labor wage.
The minimum wage means the ceiling wage that must be paid to the labor.
Hence, when a minimum wage is set below a market's equilibrium wage, it will result in an excess demand for labor, which is, a shortage of workers.
Therefore, the Option B is correct
Read more about equilibrium wage
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Answer: Target Costing
Explanation:
Target Costing is a method of costing on a product done while it's still being produced to determine the best price at which the product can be sold that would be able to compete with price of other similar products in the market and still make profit for the company.
RTP Corp needs to apply target costing for it's new computer processor in order for it to be profitable and beat the price of other processors in the market.
While most European countries are comparable to the united states in terms of the number of women in managerial positions, Germany stands out as the country that is drastically different with only 13 percent of management jobs held by women.
A managerial position is a role in which a man or woman is answerable for overseeing and coordinating the paintings of other employees. The supervisor may be responsible for supervising a team of workers, putting dreams and goals, and developing schedules and regulations.
Decrease control or operating management or supervisory management is the bottom degree of control. It includes frontline supervisors, superintendents, officers, and so forth. The managers at this degree are in direct touch with the operative employees.
First-line managers are entry-level managers who carry out on-the-ground control responsibilities. They are the managers who have the closest proximity with crew individuals, and they're generally responsible for making sure that their crew correctly includes our organizational desires on an everyday basis.
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