Answer:
The consumer surplus $3612.5.
Explanation:
There are 100 consumers. They value the concert tickets between $1 to $100. The sale price of the tickets is $15. At this price unlimited tickets are available.
The number of people who will purchase tickets
= 100 - 15
= 85
This is the equilibrium quantity of tickets.
The consumer surplus is the difference between the price that the consumer is willing to pay and what he has to actually pay. It can be found by calculating area between the market price and the demand curve.
Consumer's surplus
= 
= 
= $3612.5
=
Answer:
Job rotation is a strategy that will help to train several people in several positions. It will diminish boredom as employees would momentary feel that they are learning new skills and help to construct backups of each position in case of absence or quitting.
The correct answer that would best complete the given statement above is the word JOB ENRICHMENT. Here is the complete statement. <span>When one department store authorized thousands of its sales clerks to handle functions normally reserved for store managers, such as handling merchandise-return problems and approving customers' checks, they gave them more responsibility. This is a job enrichment technique. Hope this helps.</span>
Answer:
Matrix organization.
Explanation:
A matrix organization is a blended organizational structure. This tries simultaneously to deal with competing pressures for global integration and local responsiveness. Institutes overlaps among functional and divisional forms.
Although a functional hierarchy is still in place, the project manager is recognized as a valuable position and is given more authority to manage the project and assign resources.
Gives functional, product, and geographic groups a common focus.
Matrix organizations can be further divided into weak, balanced, and strong matrix organizations. A weak matrix gives more authority to the functional manager (FM), whereas the strong matrix gives more power to the PM. As the name suggests, the balanced matrix balances power between the FM and the PM. The difference between the three is the level of authority given to the project manager (PM).
The answer is C report the symptom to her manager
