Answer:price elasticity of demand for Dunkin Donuts’ regular coffee is 1.8
Explanation: Using the midpoint formnulae
Price elasticity of Demand =percentage change in quantity demanded/ Percentage change in price.
Percentage change in quantity = new quantity - old quantity / (new quantity + old quantity)/2 x 100
= 40-10/(40+10)/ 2 = 30 /25 = 1.2 x 100 =120%
Percentage change in price = new price - old price / new price + old price)/2 x 100
= 1- 2 / (1+2)/2= -1/1.5x 100 = -66.67 %
Price elasticity of Demand =percentage change in quantity demanded/ Percentage change in price.
= 120%/-66.67%= -1.79 = -1.8
For Price elasticity of demand, the sign is not included and the basis for elasticity is on the value itself . here we can conclude that the Price elasticity of demand for Dunkin donut is 1.8 and elastic because a fall in price led to an increase in amount being sold.
Answer:
value of the product to be protected
Explanation:
The value of the products that are being shipped or distributed should not be included in the protective package.
The severity of the distribution environment refers to whether the products are hazardous or not, e.g. pesticides should be dealt very carefully because they are poisonous.
The fragility of the product to be protected refers to the materials used to build the product, e.g. products made of glass are extremely fragile.
The performance characteristics of various cushion materials. refers to what type of cushioning was used to protect the product during shipment.
Answer:
they have the prime market I think? I don't see any options on here to know what direction the question is going.
Yes, because firms produce where the marginal benefit to consumers equals the marginal cost of production.
Answer:
B tutor how are u???????????
