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
Answer and Explanation:
As we know that
Total assets = Total liabilities + total stockholder equity
a. Stockholder equity s of December 31 of the current year is
$643,800 = $244,230 + total stockholder equity
So, the total stockholder equity is
= $643,800 - $244,230
= $399,570
b. Now in the case of increased, the total stockholder equity at the end of the year is
($643,800 + $83,730) = ($244,230 + $18,540) + total stockholder equity
$727,530 = $262,770 + total stockholder equity
So, the total stockholder equity is
= $727,530 - $262,770
= $464,760
Answer:
A Plant – Plant refers to an institution that, in general. ... Firms generally operate one or more than one plant. An Industry – Industry refers to a group of firms that are involved in production of same or similar kind of goods and services.
Answer:
A. An oven used to bake bread at a bakery
B. Workers hired to pick grapes at a vineyard
A resource is something a business needs for its production. A and B both directly benefit production while C indirectly benefits it and D has no impact.
Note: Answer C is a technological resource but it indirectly affects production. Most people do not include it as a resource but occasionally some do.
<u>Nadine’s </u><u>management </u><u>perspective is best described as </u><u>contemporary.</u>
What is the hawthorne effect ?
The Hawthorne effect, also known as the observer effect, describes a phenomenon in which employees alter or improve a behavior in response to a change in their surroundings (being observed), rather than in response to the actual change.
Which disciplines does the field of behavioral science include?
Economics, sociology, anthropology, and psychology are all branches of behavioral science.
When building a new residential development or mall a national real estate?
- A national real estate organization typically does not cut down many trees when creating a new mall or housing development because it believes that natural resources are finite.
- Future generations' capacity to meet their own needs must not be jeopardized.
Learn more about Hawthorne effect
brainly.com/question/9234500
#SPJ4
