Answer:
Inelastic
Explanation:
Elasticity of demand = percentage change in quantity demanded / percentage change in price
percentage change in quantity demanded =
35,000 - 40,000/40,000 = -0.125 = -12.5%
percentage change in price = $10 - $8 / $8 = 0.25 = 25%
Elasticity = -12.5%/25%= -0.5
Demand is inelastic because the elasticity of demand is a less than 1.
Elasticity of demand measures how quantity demanded changes when price change.
Demand is inelastic when a change in price has no effect on quantity demanded. Inelastic demand has a value of less than 1 .
Demand is elastic if a change in price has an effect on quantity demanded. Elastic demand has a value of more 1
Unitary elastic is when a change in price has the same proportional effect on a change in quantity demanded. Unitary elastic demand has a value of 1.
Answer:
The correct answer is To encourage Julio and listen to his needs but still direct decisions on the goals
.
Explanation:
Decision analysis supports all managerial functions. Nothing a manager does is more important than the use of the best information available to make good decisions. The damage caused to an organization by a basically wrong decision cannot be avoided either by the most careful planning or by a basic implementation.
Answer:
She pays the inheritance tax , while the estate is responsible for the estate tax.
Explanation:
Inheritance tax is a form of tax that every beneficiary of an inherited estate must pay. Regardless of the situation and location of the inherited property , inheritance tax is calculated individually for different beneficiary.
The estate in which a particular property is located is responsible for the estate tax. This is calculated based on the value of the property and paid by the estate management for all properties within the estate before rents are remitted to the landlords.
I think the answer is 4 all of the above.
The decision that must the government of a country make and choose between increasing military spending and subsidizing wheat farmers is an example of <span>a guns or butter issue.
</span>The phrase "guns or butter" refers and explains the relationship between two goods that are important for a nation's economic growth. I<span>ncreasing military spending and subsidizing wheat farmers are both important.</span>