12. What is elasticity of demand?
(1) Demand that is not very sensitive to a
change in price
(2) Demand that is very sensitive to a change
in price
(3) Demand whose elasticity is exactly equal
to 1
(4) A measure of how consumers react to a
change in price.

Which of the following can be a useful clue about an organization’s culture? multiple choice information printed in the media the industrial environment environmental scanning the macroenvironment who is hired and fired

Marian recently made the decision to try to re-wallpaper her own kitchen—which was a mistake given her personality! to compound the mistake, she selected a complex wallpaper pattern that included flowers and trees. each time she put one strip of paper on the wall, she became increasingly upset if there was not a perfect match from the pattern of one strip to the next. if one flower was off by as much as one-tenth of an inch, she would tear down the strip, remove the excess paste, and try again with the next strip. over eight hours after she started this job, she has only succeeded at putting up six strips of wallpaper, which covered about 10 percent of the room in which she was working. marian may suffer from personality disorder.

Gif the public and community loses trust in banks it affects the entire u. s. financial system. in order to keep this type of financial contagion from happening, the fed makes as needed short-term emergency loans, by acting as the lender of last resort. guides and regulates private deposit insurance programs to cover insolvent bank losses. decreases the money supply as acting lender of last resort.