This year, teachers can earn a $250 tax credit on money they spend in their classrooms. How will this tax credit affect the teachers’ tax returns? The $250 will come directly off of the amount of taxes the teachers owe.

The $250 will be subtracted from the teachers’ gross incomes.

This credit will put them in higher tax brackets.

This credit is not big enough to make any impact on the teachers’ taxes.

Suppose the number of firms you compete with has recently increased. you estimated that as a result of the increased competition, the demand elasticity has increased from –2 to –3 (i. e., you face more elastic demand). you are currently charging $10 for your product. what is the price that you should charge if demand elasticity is -3?

Resources that are valuable but not rare can be categorized asanswers: organizational weaknesses. distinctive competencies. organizational strengths. complementary resources and capabilities.

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.