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Author Question: A price elasticity (ED) of 1.50 indicates that for a ____ increase in price, quantity demanded will ... (Read 68 times)

daltonest1984

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on: Jul 1, 2018
A price elasticity (ED) of 1.50 indicates that for a ____ increase in price, quantity demanded will ____ by ____.
 a. one percent; increase; 1.50 units
  b. one unit; increase; 1.50 units
  c. one percent; decrease; 1.50 percent
  d. one unit; decrease; 1.50 percent
  e. ten percent; increase; fifteen percent

Question 2

Which is a possible solution to a divisional conflict regarding a decision?
 a. change the division that has the authority to make the decision
 b. change the information flow so that the decision maker is better informed
  c. change the evaluation and reward scheme governing the decision maker
  d. all of the above


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potomatos

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

d


daltonest1984

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Reply #2 on: Jul 1, 2018
Thank you


potomatos

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Reply #3 on: Jul 1, 2018
No problemo


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