<span>When employees have positive attitudes towards their jobs they become very productive. They start to understand the goal of the company and together work to achieve success. Problems will be minimized and will make way for a clear road to profit. This means expansion of the company, better benefits for employees, higher salaries. Most importantly job security.</span>
Answer:
10%
The investor will be credited with the interest at the rate of 10%.
Explanation:
Cap on interest rate which is going to be credited = 10%
Participation=80%
Increase in reference index = 15%
As the participation rate is 80% so the investor can credit the amount of 80% * 0.15= 12% (15% of 80%) but as it is given in the question, the cap of 10% is put on the interest rate credited so the investor will be credited with the interest at the rate of 10%.
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Answer:
Price Elastic
Explanation:
We know that
The formula to compute the price elasticity of demand is shown below:
= (Percentage change in quantity demanded) ÷ (percentage change in price)
The classification as follows
1. Perfectly inelastic = If zero
2. Inelastic = When elasticity is below than one
3. Unitary elastic = When elasticity is equal to one
4. Elastic = When elasticity is exceeded than one
5. Perfectly elastic = When elasticity is in infinity
Since the percentage change in the quantity demanded of a good is greater than the percentage change in the price of the good which reflects that the elasticity is more than one
