A company that usually sells satellite TV equipment for $50 and two years of satellite TV service for $450 has a special, time-l

Answer:

Corporate policy

Explanation:

Corporate policy encompasses a framework of procedures and recommendations derived from evaluating both internal and external elements that can aid the organization in managing challenges and preventing negative repercussions.

The company aims to boost workforce productivity, which facilitates cost management by promoting daily exercise among its employees. This approach was not primarily designed for employee welfare but was focused exclusively on enhancing productivity. Thus, this strong emphasis on fitness reflects a component of corporate policy.

Response:

The correct choice is (c)

Clarification:

Given:

The balance in Sue's account before any spending is $899.83

Expenses include:

Rent = $353.76

Video game = $32.79

Bike maintenance = $60.26

Jacket = $55.62

Rug = $80.40

Night out = $35.77

Total expenses amount to 353.76 + 32.79 + 60.26 + 55.62 + 80.4 + 35.77

                          = $618.60

Remaining in the account after these transactions = 899.83 - 618.60

                                                                                               = $281.23

Sue's share towards the TV cost = $305.22

If she proceeds with purchasing the TV, her balance would drop below zero by $23.99 (281.23 - 305.22) since she wouldn't have enough left to cover the TV's price.

Answer:

(b) macaroni is categorized as an inferior good, and the price elasticity of supply is zero.

Explanation:

An increase in income by 10 percent results in a 15% reduction in the demand for macaroni and cheese without any change in price. This suggests that macaroni is indeed an inferior good with zero price elasticity of supply.

Inferior goods experience lower demand as incomes rise, supported by the observation that ‘’A 10 percent increase in income leads to a 15% decrease in the quantity of macaroni demanded’’.

In terms of price elasticity of supply, a value of zero indicates that the supply amount remains unchanged regardless of price fluctuations: the supply is "fixed". The original scenario states there was ''no change in the price of macaroni,'' indicating that the elasticity of supply in this situation is zero.