Mark's initial revenue was $450 (150lb)($3) and his new revenue was $500 (100lb)($5). Since Mark's revenue increased when the price if apples rose, the demand for Mark's gourmet applies must be inelastic. Elastic, because even though there was a change in price, the change in price wasn't substantial.
Answer
The answer and procedures of the exercise are attached inthe following images.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
A definitive objective or reason behind mishap examination is to discover the underlying drivers of why the mischance happened so that if comparative examples happen later on viable controls or techniques can be set up to keep a reoccurrence of the mishap. Rodrigues and Cusic portray the reason behind mischance examinations as, "To help counteract mishaps, the NTSB creates and issues security proposals to other government offices, industry, and associations that are in a position to enhance transportation wellbeing."
Answer:
If I had to take responsibility for advertising job for a company, there would be two possible methods that I use:
The first option is to post the job advertisement on social network or the website of the company. This can help approach the candidates who have already known about the company and concerned about the job opportunity here.
The second choice is to cooperate with a headhunter agency. By this method, the process that I have to be in charge of would be shorter, saving the time. In addition, headhunter companies have huge data of candidates and can approach much more than a company or a recruiter could do. They also have experience in screening the CV, interview to look for the most suitable candidates.
Answer:
Brad would likely to react by reducing the efforts on future projects.
Explanation:
In accordance with the equity theory, it states that if an employee feels or perceive inequity, then they will try to create equitable exchanges of their rewards and their efforts. The common reaction in this situation would be is to reduce the efforts on further or future project.