Answer: Bureaucratic organization
Explanation:
A bureaucratic organization is an organization with a pyramidal shaped structure thereby decisions are made in an organized manner and there is high formality in its operations. It involves different layers of management from the top executives to managers till it gets to the lower staffs
Authority and decision making generally comes from the top till it gets to lower layers. Examples of bureaucratic organizations can be found in colleges and police departments.
Answer:
The price elasticity of demand is 1.14.
The price is Elastic.
Elasticity is more than one so total revenue will fall.
Explanation:
Given the initial price of good x = $12
Final price of good x = $12.90
% change in price = [(12.90 - 12) / 12] x 100 = 7.5 %
Initial quantity = 5000
Final quantity = 4600
% change in quantity = [(4600 - 5000)/5000] x 100 = -8%
Elasticity = % change in quantity / % change in price
Elasticity = 8% / 7%
Elasticity = 1.14
The price elasticity of demand is 1.14.
The price is Elastic.
Since elasticity is more than one so total revenue will fall.
Answer:
correct option is C. $250,000
Explanation:
given data
sold the home and gain = $300,000
to find out
amount of the gain allowed to exclude from gross income
solution
we know that Michael owned the property for the 10 years
so here Michael is not allowed to exclude the gain = 10 % that is $30,000
and The maximum gain exclusion permitted = $250000
so here Michael will recognize $50,000 because amount exceed $250,000 for a single taxpayer and exclusion of gain on sales of property tax payer need to own and occupy the property as principle residence for the 2 out of 5 year immediately preceding the sales
so here correct option is C. $250,000
The repeating economic changes that happen in a society over time are known as business cycles.
Business cycles are one sort of fluctuation that can be seen in a country's overall economic activity, a pattern of booms that occur roughly at the same time in various economic activities, followed by contractions that are equally widespread.
The repeating economic changes that happen in a society over time are known as business cycles. It can be recognized by changes in the GDP and other macroeconomic indicators.
Business cycles are made up of coordinated cyclical upswings and downswings in output, employment, income, and sales, which are four broad indices of economic activity.
Expansions and contractions, commonly known as recessions, are the two contrasting phases of the business cycle.
To learn more about business cycle link is here
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Begin with a greeting. Always open your email with a greeting, such as “Dear Lillian”. ...
Thank the recipient. If you are replying to a client's inquiry, you should begin with a line of thanks. ...
State your purpose. ...
Add your closing remarks. ...
End with a closing.
