A decrease in supply will cause the smallest increase in price when both supply and demand are elastic. demand is elastic and supply is inelastic. both supply and demand are inelastic. demand is inelastic and supply is elastic.
Answer:
both supply and demand are elastic
You collect 96 customer comment cards, 21 online surveys, and 43 surveys from people passing in front of your restaurant. What is your total sample size?
Why might soviet economic planners have favored heavy industry over the makers of consumer goods? the products of heavy industry provided material for many other industries. the products of heavy industry brought in more money. there were more people trained to work in heavy industry. consumer goods are not good economic investments?
A strategic plan that stresses technology tends to create an unfavorable climate for it projects that extends throughout an organization.
a. True
b. False
What is the task of middle level managers?
A.) to supervise employees over their daily tasks
B.) to develop policies and objectives for the company
C.) to channel employee grievances to other managers
D.) to convey work policies from top-level managers
Middle level managers primarily develop policies and objectives for the company and convey these policies from top-level management. They also supervise employees over their daily tasks but channeling employee grievances is less central to their role.
Explanation:The task of middle level managers generally encompasses multiple functions within a business. While it can include elements from all four options listed, it primarily involves B.) developing policies and objectives for the company and D.) conveying work policies from top-level managers. They translate top executives' strategic objectives into concrete action plans, which are then implemented by supervisory managers and other employees.
However, middle management also plays a critical role in A.) supervising employees over their daily tasks. They often act as link between the workforce and the higher management, helping to ensure that daily operations align with the company's broad objectives. Nevertheless, option C.) channelling employee grievances to other managers is less central to their role, as it pertains more to the human resources function.
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The _________ program is one of the more common ways to get college credit in high school. It includes an exam that you must take at the end of the course.
A) International Baccalaureate
B) Advanced Placement
C) Dual Credit
D) Articulated Credit
he right yo.....................................
What is the system called that supports the sides of an excavation? A. Benching B. Shoring C. Sloping
Answer: B) Shoring
Explanation:
Shoring can be defined as a temporary structure intended to support an unsafe structure or building from collapsing. The shoring techniques that is used during the early stage of construction is EXCAVATION.
Shoring can be used when walls bulge out, walls crack due to unequal settlement of foundation and repairs are to be carried out to the cracked wall, when an adjacent structure needs pulling down, when openings are to be newly made or enlarged in a wall.
There are three types of shoring. They are
1) Raking shoring.
2) Flying shoring.
3) Dead shoring.
What is the relationship between a firm's total revenue profit and total cost?
If you base your expectations of inflation on what has happened in the past, what kind of expectations are you demonstrating?
The expectations of inflation on what has happened in the past, adaptive expectations is the demonstrating.
What is inflation?In an economy, inflation is defined as the rate that the cost of goods and services rises. Inflation can occur when production expenses, such as labor and raw materials, rise. Inflation is the rate at which prices rise over a certain period of time. Inflation can be damaging, while too little inflation can equally harm the economy.
Adaptive expectancies is a theoretical notion that deals with the formation of future expectations based on experiences and events. Inflation is the primary cause of the weather to the consumer, and switching to another is a reflection of the economy.
As a result, the expectations of inflation on what has happened in the past, adaptive expectations is the demonstrating.
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Sasha has been running a bicycle delivery service for more than a year. her business is going well, but she is having a hard time managing her accounts and keeping up with her budget. what would be a good business decision for her to make? appeal to investors to incorporate her business. hire more bike messengers so she can make more deliveries. look for a partner who can contribute business expertise. change her company to limited liability to protect her assets.
A good business decision for Sasha would be to seek a partner who can contribute business expertise. Running a successful bicycle delivery service requires more than just providing efficient deliveries; it also involves effective financial management and strategic decision-making. As Sasha's business grows, the complexity of managing accounts and budgets increases, which may become overwhelming for her as a sole proprietor.
By partnering with someone experienced in managing accounts and budgets, Sasha can focus on the core operational aspects of her delivery service, such as optimizing delivery routes, improving customer experience, and expanding her customer base. The partner's expertise can provide valuable insights into streamlining finances, reducing expenses, and identifying areas for potential growth and improvement.
This collaboration can lead to significant benefits for the business. With better financial management, Sasha can allocate resources more efficiently, potentially increasing profitability and long-term sustainability. Additionally, having a partner with complementary skills can lead to more informed decision-making, reducing the risk of costly mistakes.
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August is a senior at a very expensive private high school. his father is a successful stock broker and his mother is a partner in a manhattan law firm. august gets caught stealing a shirt and claims he was just seeking the thrill of stealing something. this example highlights what concept of deviance studied by jack katz?
A person who scores high on the conscientiousness dimension is typically dependable, persistent, and oriented toward achievement.
HURRRYYYYYYYYYY
What does your credit score tell lenders about you?
A.
How likely you are to pay them back
B.
How many jobs you have had
C.
Where you grew up
D.
How much money you paid in taxes
Answer:
a
Explanation:
A company would like to expand overseas. They need to be able to speak with employees quickly and allow employees to have access to information when they need it. What kind of technology best addresses this need?
A. Transaction processing system
B. Computer accounting software
C. Information communication technology
D. Management information system
Answer:
Information communication technology
Explanation:
APEX Verified
Along budget constraint ab, the price of good x is $25 and the price of good y is $18. if the price of y decreases to $14, the budget constraint will
When the price of good y decreases from $18 to $14, the budget constraint will shift outward or to the right. This means that the consumer will be able to afford more of both goods x and y.
Explanation:When the price of good y decreases from $18 to $14, the budget constraint will shift outward or to the right. This means that the consumer will be able to afford more of both goods x and y. The new budget constraint will be tangent to a higher indifference curve, indicating an increased level of utility.
Gen xers tend to be frugal and seek value when making purchases.
Your beachside inn will be ready to open next spring. To get in on the summer tourist trade, it will be necessary to A. establish a strong Web presence. B. advertise heavily in local newspapers. C. give it an unforgettable name. D. offer bargain rates at first.
The answer is A. establish a strong Web presence.
Took the pf test and scored 100%
What is the biggest difference in who makes the contributions to 401(k) and IRA retirement plans?
You can contribute to both an IRA and a 401(k) at the same time, and they both have tax advantages. Employers offer 401(k)s, but individuals open IRAs, which is the primary distinction between the two types of accounts (using brokers or banks).
What is 401(k) retirement plan?A 401(k) program is an employer-sponsored, clearly delineated, personal pension account in the United States, as specified in section 401(k) of the Internal Revenue Code of the United States. Periodic employee contributions are deducted from their paychecks directly, and the company may match them.
Two popular retirement plan kinds that provide tax benefits when you invest are IRAs and 401(k). The main distinction between the two is that a 401(k) is a retirement account that you open via your company, but an IRA is a retirement account type that you open, fund, and invest in on your own.
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Which statement defines personality?
1.the set of distinctive pattern of thoughts, emotions, behaviors, and other complex characteristics that distinguish one individual from another
2.a mental and neural state of readiness, organized through experience
3.the way a person, thing, or situation is noticed, understood, and responded to by our senses
4.the readiness of the psyche to act or react in a certain way
Answer:
Explanation:
A
When a job order costing system is used, actual manufacturing overhead costs are debited to ________?
Fido wants to buy a new car. He will need to get a car loan. Fido decides to wait for a few months until his credit history improves. Which explains whether Fido is making a sensible decision?
A.Fido’s decision is sensible because the selling price of the car should be less in a few months.
B.Fido’s decision is sensible because the cost of the car loan should be less if his credit history improves.
C.Fido’s decision is not sensible because he needs the car right away.
D.Fido’s decision is not sensible because it does not matter if he buys the car now or in a few months.
your answer is: Fido's decision is sensible because the cost of the car loan should be less if his credit history improves.
Which payment type can help you stick to a budget everfi answers?
There are five steps involved in segmenting and targeting a market. what should a marketer do once he or she has grouped both potential buyers and products to be sold
After grouping potential buyers and products, marketers should analyze markets, establish the target audience, and execute an marketing campaign focusing on product, placement, price, and promotion tailored to the segmented audience.
Once marketers have grouped potential buyers and products to be sold, they should proceed to the next steps in the market segmentation and targeting process. The subsequent actions include analyzing the potential markets, establishing the target audience, and then implementing a tailored marketing campaign. Marketers should focus on the four Ps of marketing: product, placement, price, and promotion. They must ensure that each aspect of the marketing mix is designed to appeal to the segmented audience, considering factors such as demographics, psychographics, and media use. Additionally, it's crucial to perform an audience analysis to further understand their characteristics and determine the market segment most closely related to the new product concept. The ultimate aim is to create a compelling value proposition that convinces the target audience to choose your product over competitors.
If the inflation rate was 3.00% and the nominal interest rate was 8.00% over the last year, what was the real rate of interest over the last year?
The real interest rate is calculated by subtracting the inflation rate from the nominal interest rate. With a nominal interest rate of 8.00% and an inflation rate of 3.00%, the real interest rate is 5.00%.
Explanation:The question is about calculating the real interest rate from the nominal interest rate and the inflation rate. The real interest rate can be calculated by subtracting the rate of inflation from the nominal interest rate. In this case, the nominal interest rate is 8.00% and the inflation rate is 3.00%. So, you subtract the inflation rate from the nominal interest rate: 8.00% - 3.00% equals a real interest rate of 5.00% over the last year.
For example, if a borrower took out a loan at an 8.00% nominal interest rate, they are effectively paying a 5.00% real interest rate when taking into account inflation. This is important to borrowers and lenders alike as it helps them understand the real cost or benefit of the loan.
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Herbert and lily wanted to purchase a new set of curtains for their bedroom. however, they could not decide upon which color to pick. herbert chose solid-dark-blue curtains whereas, lily picked lilac curtains with embroidery on it. in this scenario, the difference between herbert and lily's choices is due to their _____.
Answer:
The answer is gender.
Explanation:
The difference between the choices that Herbert and Lily make on the curtains they prefer are mainly due to gender differences typically associated with masculinity and femininity. Herbert’s preferred curtain, which is solid dark blue, reflects his masculine preference in colors, since he picked blue. Lily, on the other hand, showcases a feminine preference with lilac-colored curtains; which is a soft shade that feminine women tend to prefer combined, in addition to the embroidery style.
When might term insurance be a better option than whole life insurance?
Term insurance can be a better product if your time horizon is 10 years or less. Term insurance works best because it is a low cost and low commitment program. Also, term insurance is better than whole life insurance especially at younger ages.
The _____ serves as the jfc's principal organization to draft the commander's information dissemination policy and coordinates information management functions within the joint force
What is the activity of creating a detailed flow chart or process map of a work process showing its inputs, tasks, and activities, in a structured sequence? multiple choice as-is process model business process model business process mapping (or modeling) to-be process model?
__________ are based on technology that mechanizes production. new technologies, such as the invention of the steam engine and fuel-powered machinery, stimulated many changes.
The average daily foreign exchange trading by banks around the world is closest to $________.
a. 1.5 trillion
b. 1 trillion
c. 600 billion
d. 700 billion
e. 1.3 trillion
Answer:
a. $1.5 trillion
Explanation:
Foreign exchange, Forex market, is the most liquid market which involves the conversion of money from one currency to another. It is the most actively traded in the world because trading can be done any time of the day. On the average over $1.5 trillion volume of currency is involved.