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1 year ago

Do you think the price elasticity of demand for Ford sport-utility vehicles (SUVs) will increase, decrease or remain the

1 answer:

8 0

a. When other car manufacturers begin to make SUVs, the price elasticity of demand for Ford's SUV will increase. This is because the options consumers have has also increased.

b. When import is banned, the price elasticity of demand for Ford's SUVs will decrease. This is because there are less substitutes for Ford's SUVs. Consumers would now have limited choices.

c. As a result of the ad campaigns, the price elasticity of demand for Ford's SUVs will decrease. This is because other cars would be considered to be les safe when compared with the Ford SUVs.

d. Overtime, the price elasticity for Ford Cars will increase as there would be more substitutes

Price elasticity of demand measures how quantity demanded responds to changes in the price of a good

<em>Types of price elasticity </em>

Elastic demand : this means that quantity demanded is sensitive to changes in price. Coefficient of elasticity is greater than 1
Inelastic demand : this means that quantity demanded does not respond much to change in price. Coefficient of elasticity is less than 1

To learn more about demand elasticity, please check: brainly.com/question/13565779?referrer=searchResults

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g. You are deriving a gross income multiplier in the appraisal of a 14-unit apartment building. Market data is as follows: 16 un

liubo4ka [24]

The GIM suggested for the 14-unit property is 8.

Data and Calculations:

16 units 12 units 4 units

Selling price $1,200,000 $960,000 $480,000

Gross income $150,000 $120,000 $48,000

Gross Income Multiplier 8 8 10

A 14-unit apartment building's suggested GIM = 8

A property's gross income multiplier (GIM) measures the property value by dividing the property's sale price by its gross annual rental income.

Thus, the GIM suggested for the 14-unit property is <em>8.</em>

Learn more: brainly.com/question/14477119

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2 years ago

The management of Heider Corporation is considering dropping product J14V. Data from the company's accounting system appear belo

zmey [24]

Answer:

Overall net operating income would decrease by $135,000

Explanation:

Calculation for What would be the effect on the company's overall net operating income if product J14V were dropped

Keep J14V Drop J14VDifference

Sales$980,000 $ 0 $(980,000)

Variable expenses

$394,000 $0 $394,000

Contribution margin

$586,000 $0 $(586,000)

Fixed expenses:

Fixed manufacturingexpenses

$376,000 $131,000 $245,000

($376,000-$245,000=$131,000)

Fixed selling and administrative expenses

$256,000 $50,000 $206,000

($256,000-$206,000=$50,000)

Net operating income(loss)

$(46,000) $(181,000) $(135,000)

Net operating income would decline by $135,000

Therefore the Overall net operating income would decrease by $135,000.

8 0

3 years ago

True or False:If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is an inferior good.

hodyreva [135]

False.

If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is a GIFFEN GOOD.

An inferior good is a good that decreases in demand if income increases. These are the goods that people opt not to buy when their purchasing power increases.

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3 years ago

I wanna see how quick ya'll answer. Tell me if your answer quickly only because of the points if not the points give me another

enyata [817]

Answer:

thanks for this

Explanation:

because the points <3

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3 years ago

Read 2 more answers

You own a portfolio that has a total value of $235,000 and it is invested in Stock D with a beta of .82 and Stock E with a beta

Vlad1618 [11]

Answer:

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3 years ago