Answer:
3 then 1
Explanation:
Supply is said to be increased when the quantity supplied expands but the price and quantity demanded remains unchanged. As quantity supplied has increased whereas the quantity demanded is what it was before this change, there is first a surplus of bottled water in the market. This surplus will have a downward pressure on price, reducing the quantity supplied a bit and, as the law of demand suggests ,the quantity demanded will increase. Given that the demand is relatively price elastic, the change in quantity demanded will be greater than the change in price. Therefore the revenue will increase.
Answer:
The correct answer is "$9450".
Explanation:
Given:
Payoff from investment,
= $6000
Lending to bank,
= 
= 
Now,
At 15% interest,
The amount to be received from bank will be:
= 
= 
= 
= 
($)
hence,
In her old age, most she can assume will be:
= 
= 
($)
Answer:
There are many things that a company can do to institutionalise learning and knowledge. Some of them doesn't even cost much and take a lot of time to be implemented.
Empowerment of individual employees. Giving them more autonomy in the job and the capacity to work freely with the peers.
Making teams rather than working individually. Team spirit is essential in the learning process and to promote sharing.
Conducting internal development and training programs on a regular basis.
Using social media platforms to connect the employees so that they are able to share their knowledge, expertise on a real-time basis.
Reducing the power gap between the employees and their superiors.
Explanation:
Answer:
Price elasticity of demand = Change in Quantity/ Change in Price
Using midpoint formula;
Change in Quantity ;
Change in Price;
Price elasticity of demand = -0.342/0.118
= -2.90
Demand is elastic, so decreasing ticket prices will increase revenue.
When the elasticity is larger than 1 it means that a 1% change in price will change demand by more than 1%. In this case, a a decrease of price by 1% will bring 2.9% increase in customers.
Answer:
During the Great Depression many businesses failed. The default risk for the corporate bond increased compared to the default-free Treasury bond. The demand for corporate
bonds decreased while the demand for Treasury bonds increased resulting in a larger risk premium.
Explanation:
