What is the impact of an increase in worker productivity when demand is relatively more elastic?
a. a large increase in the price received by the firm.
b. a small increase in the price received by the firm.
c. an increase in sales revenue received by the firm.
d. a decline in sales revenue received by the firm?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the impact of an increase in worker productivity when demand is relatively more elastic? a. a large increase in the price received ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Mike and Sara are both from the same country and share the same culture. The communication that takes place between them would be classified as: a. intracultural communication. b. intrapersonal communication. c. ethnocentric communication. d.
Answers (1)
Stage two in the development of the individualized leadership theory explored the
Answers (1)
First Bank has some question as to the tax-free nature of $9 million of its municipal bond portfolio. This amount is excluded from First Bank's taxable income of $65 million.
Answers (1)
Claudia announces to her staff that she intends to lower costs in their department by 5 percent. which component of goal setting is indicated in this case?
Answers (1)
Ryland, an officer for Sports Park, Inc., attempts to apply a duty-based approach to ethical reasoning in conflicts that occur on the job. This approach is based on the idea that a person must a. achieve the greatest good for the most people. b.
Answers (1)
New Questions in Business
Emilia Feridy, the proprietor of EF Services, withdrew a total of $50 for to pay for her daughter's swimming lessons. What is the entry needed to record this transaction? A) Debit Emilia Feridy, Withdrawals and credit Emilia Feridy, Capital for $50.
Answers (1)
Edward and first star company enter into an oral contract under which edward agrees to provide delivery service for first star for nine months. this contract is enforceable by
Answers (1)
The graphs show the market for bags of potato chips, which is currently at an equilibrium price of $ 1.33 per bag and an equilibrium quantity of 5.33 million bags .
Answers (1)
CDB stock is currently priced at $80. The company will pay a dividend of $4.57 next year and investors require a return of 10.8 percent on similar stocks. What is the dividend growth rate on this stock
Answers (1)
Stock Y has a beta of 1.2 and an expected return of 12.1%. Stock Z had a beta of 0.8 and an expected return of 7.85%. The risk-free rate is 2.4% and the market risk premium is 7.2%. Are these stocks correctly priced
Answers (1)