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2 years ago

What pricing strategy could work well in any market, primarily by generating buyer interest?

1 answer:

3 0

Any market could benefit from the pricing approach known as price elasticity of demand, particularly if it can attract customers.

How a change in price impacts consumer demand is assessed using the price elasticity of demand.

A product is deemed inelastic if people continue to buy it in spite of a price increase (such as with cigarettes and fuel).

Contrarily, elastic goods are subject to price changes (such as cable TV and movie tickets).

The formula: % Change in Quantity % Change in Price = Price Elasticity of Demand can be used to determine price elasticity.

You can determine whether your product or service is responsive to price changes using the idea of price elasticity. Your product should ideally be inelastic, meaning that demand won't change even if prices do.

Learn more about price elasticity of demand here.

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Radverb Inc. paid a dividend of $2.00 last year. The company expects to increase the dividend at a constant rate of 2% per year,

Nezavi [6.7K]

<u>Solution and Explanation:</u>

The given ke = 0.08 , Ke = 8%

Now, the required return falls by half (by 50%)

Ke (revised) = 8 percent multiply with the 50 percent = 4%

The Price of Radvob’s stock = $2(1.02) / 0.04-0.02$ =$102

Do= $2

G=2%

The given Current price = $34

Ke= required return = ?

The Current price = $\mathrm{D}_{0}(1+\mathrm{G}) / \mathrm{K}_{\mathrm{e}}-0.02$

Ke=0.08 , Ke=8%

Now, the required return falls by half(by 5%)

Ke (revised) = 8 percent multiply with 50 percent = 4%

7 0

4 years ago

Public saving is negative when:A. there is a government budget surplus.B. there is a government budget deficit.C. the government

m_a_m_a [10]

Answer: Option (B) is correct.

Explanation:

Public saving refers to the tax revenue amount that a government left with after paying for its expenditure or spending.

Public saving = Tax revenue - Spending

Private saving refers to the after tax income of the individuals after paying for their consumption and taxes.

Suppose there is a government budget deficit, in this situation government's expenditure is greater than government's receipts. This means that tax revenue is not enough to pay out its expenditure.

Therefore, this will lead to negative public savings.

3 0

3 years ago

Sharon would make an adjustment entry to __________ to record the $500 her company received from a customer to perform future se

makkiz [27]

Answer:

the ending balance of the unearned revenue is $3,225

Explanation:

The computation of the ending balance is shown below:

= Amount received from the customer for performing the future service + balance in the account

= $500 + $2,725

= $3,225

Therefore the ending balance of the unearned revenue is $3,225

The above formula should be applied

5 0

3 years ago

This is weird what is ya favorite anime character

malfutka [58]

Answer:

naruto

Explanation:

He is my favourite anime character.........

4 0

3 years ago

False Value Hardware began 2018 with a credit balance of $23,000 in the allowance for sales returns account (i.e., the estimated

defon

Answer:

balance in sales returns account = $18200

Explanation:

given data

credit balance = $23,000

Sales = $680,000

cash collections = $720,000

returned = 4%

credit = $32,000

to find out

balance in the allowance for sales returns account

solution

we get here estimates for returns that is

estimates for returns = 4% of $680,000

estimates for returns = $27200

balance in the allowance for sales returns account will be express as

balance in the allowance for sales returns account = credit balance + estimates for returns - credit ....................1

put here value we get

balance in sales returns account = $23,000 + $27200 - $32,000

balance in sales returns account = $18200

6 0

3 years ago