Answer:
Less
Explanation:
In the given scenario taxi prices will go up less in City A than City B. This is because in City A we have both Uber and taxis, and there is substitution. If customers don't have taxis they will commute by Uber. So demand for taxis in City A will be elastic. An increase in price will result in a large decrease in demand. Taxi drivers will cautiously increase prices here.
In City B the only option for commuters is the taxi, so the demand will be inelastic. As price increases there is relatively little change in quantity demanded. Taxi drivers can increase prices more here without losing customers.
Answer:
Total income = 98, 712 + 1965+ 1500= 102,177
Now deductions = 12,000 +12,400 +3,950 = 28,350
Now we subtract total income from deductions =102,177 - 28,350 = 73,827.
Marginal tax of 25/100 ×73827 = 18,456.75
Therefore Richard and katarinas filing status is $18,456.75
Answer:
decline and diminishing marginal utility
Explanation:
According to the law of diminishing marginal utility, when a person consumes more and more units, the marginal utility arises from each additional unit goes reduced as marginal utility is an additional unit derived.
According to the given situation, grey eats pizza every day so the marginal utility goes decline that indicates the law of diminishing marginal utility
Answer:
D.monitor.
Explanation:
Samantha was acting as a monitor, when she seek and receives information from both web and industry journal.
Manager has multiple role to perform in the corporates as they need to monitor the information, which goes around their department or unit. Managers play a vital role of receiving the informations about internal and external events before transmiting it to other. Therefore, they need to monitor all source of information from the industry.
One author of management have categories the manager role into three major role:
- Interpersonal role
- Informational role
- Decisional role.
Monitor fall into the sub category of informational role.
