Answer:
4
Explanation:
Given:
A company employs two office assistants for every nine architects and
ratio is given = 2:9
Question asked:
How many new office assistants will it need to hire as it plans to hire eighteen new architects = ?
Solution:
Let ratio of new office assistants = 
Ratio of two office assistants for every nine architects = 2:9
By using formula of ratio and proportion:
Ratio of two office assistants for every nine architects : : ratio of new office assistants for eighteen new architects,
2 : 9 : : : 18
By cross multiplication,
Dividing both side by 9,
Thus, 4 new office assistants will it need to hire.
Answer:
The degree to which the portfolio variance is reduced depends on the degree of correlation between securities is the correct answer.
Explanation:
Answer:
d. It has high levels of job embeddedness.
Explanation:
Job embeddedness as described and originated by Mitchell et al(and colleagues) are the various factors that influence or bring about job retention or simply keeps one at a particular job or an organization hence reducing job turnover. Under job embeddedness, an employee is likely to stay in an organization and not leave if he feels a connection to it which could be in terms of his connection to his team or colleagues in the organization or other things outside the organization like family. Job embeddness was meant to improve on traditional models of job turnover that only incorporated such factors as job satisfaction, job alternatives and employers commitments. A high level of job embeddedness is likely in Elmer Inc because there is likely to be alot more connection amongst staff as the work environment makes this very much possible.
Answer:
$86.67 is the profit maximizing price for the monopolist
Explanation:
In order to find the profit maximizing price for the monopolist using its price elasticity and marginal cost we have to use the formula
Price= Marginal cost* (elasticity/elasticity+1)
Marginal cost = $65.0065
Elasticity = -4
Price = 65.0065 *(-4/-4+1) = 65.0065*(-4/-3)= 86.67
