Tasty Treat Tea is a popular iced tea drink. When the manufacturer begins to use imported tea leaves, the price rises by 10%, and the quantity demanded falls by 20%. The fact that quantity demanded changed by more than the price change suggests that:

Answers

Answer 1
Answer:

Answer:

Given that,

Percent Change in prices = 10%

Percent Change in quantity demanded = 20%

Therefore,

Price elasticity of demand = (Percent Change in quantity demanded)/(Percent Change in prices)

Price elasticity of demand = (20)/(10)

Price elasticity of demand  = 2

Hence, price elasticity of demand is greater than 1 which means that the Tasty Treat Tea has a elastic demand.

Answer 2
Answer:

B. The demand for Tasty Treat Tea is elastic.


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Answers

The best answer to the question that is being presented above would be letter a. The main advantage of establishing per-item prices on an order and pricing form is so that clients have a way to tailor a catered event to their budget.
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What should you do if you suspect your boss of unethical business practices?

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Ethics is a organization's core principle or foundation of working. The HR department is responsible for carrying out various ethical codes and conducts.

  • If in any organization the boss of the company is found to behave in an unethical manner. The HR department needs to take this into notice. Unethical behavior in the company is not welcomed and needs to be controlled immediately.
  • One should record the unethical activities of the Boss and report them to the higher authorities if needed.

Learn more about if you suspect your boss of unethical business practices.

brainly.com/question/20912083.

- Ethical challenges can be complex; your response will depend to a great extent on the importance or quality of the ethical breach and on your personal situation. Here are some tips for managing situations when they arise.

- Small, simple ethical breaches may result from employees being lazy, unobservant, or unengaged. Often, the best way to address such issues is to avoid personal confrontation but instead to set clear general policies and respond publicly when they’re not followed. Most employees who have a problem pointed out find it’s easier to behave appropriately than to argue the point.

- More serious ethical breaches may require a more considered response. If you are reliant on your job for an income and your supervisor or coworker is doing something that is unethical but not illegal, you will have to decide whether you can afford to speak up and risk losing your job. If you do decide to speak up, carefully document the problem before saying anything. Be sure you have all your facts straight and can prove your point, especially if you’re the only one who knows about the issue.

- If the issue you’re confronting is illegal (embezzling, breaching the Equal Opportunity laws, sexual harassment, etc.) you must say something—but there is also (in most cases) a clear system for documenting the problem and bringing it to the attention of Human Resources. You may not need to reveal that you are the “whistle blower;” Human Resources will pick up the ball and handle the next steps.

- No matter what the level of ethical concern, be sure you don’t participate just to “get along.” If you truly believe that you’re being asked to do something unethical, make it clear that you are not willing to be part of the problem. While that may be risky at some level, it’s far riskier to be an accessory to immoral or illegal activity.

What is a public good?

Answers

Answer:

a shared good or service for which it seems impractical to make consumers pay individually and to exclude nonpayers

Explanation:

a non-profitable service that is provided to anyne in society

All of the assets you own are referred to as your

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They are referred to as your savings
If the 'assets' are referring to objects, then possessions.
If the 'assets' are referring to qualities, then attributes.

Hope I can help!

Many financial institutions hesitate to make loans on second or third mortgages True or False

Answers

The answer to this question is TRUE.

It is true that many financial institutions hesitate to make loans on second or third mortgages. 
 Second mortgages are riskier for lenders because they come with a higher interest rate than the first mortgages. 

Additional information:
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 Second mortgage is a security interest on a property which is subordinate to a more senior mortgage or loan.
>
third mortgage is a security interest on property subordinate to the first and second mortgages

Benefits of a health growth of gdp

Answers

Growth in GDP refers to rise in per capita income of the country
Better GDP gives us better purchasing power
It denotes our exports have increased and country is in right direction