For the case of a consumer with an inelastic demand curve, it is less costly to cater for them, hence reducing the production fixed cost. given that different customers will be charged differently for the same product, it is easy to cover for a low profit range.
Answer:
b. Demand is unit elastic, and a decrease in price causes an increase in revenue
Explanation:
According tothe revenue theory in economics
when the demand is inelastic the relationship within price and total revenue is direct. either both increases or decreases
when the demand is elastin this relationship is inverve, teh increase in price generates a decrease in total revenue
while their decrease an increase.
But, if the demand is unit elastic then, there is no variation at all
According to this theory, option B is impossible.
Answer:
B) False
Explanation:
The survey information is a form of feedback which returns as information input to the company. Surveys are an extremely important tool that can help a company measure the perceived quality of their products or services. Any complaints received can help to improve the production process, and eventually improve your products and services. Some customers like being surveyed because they believe that the company cares about them and it increases their loyalty to the brand.
Answer:
The multiple choices are:
$5,006.00
B $5,018.75
C $5,025.00
D $5,028.75
The correct option is B,$5018.75
Explanation:
The key to unlock this question is to know that government securities are usually quoted in 1/32 nds ,which means that in calculating the price the number after 100 is is multiplied by 1/32.
1M means 1000,while 5M means 5000
The price of 5M=5000*(100+12*1/32)%
The price of 5M=5000*(100+0.375
)%
The price of 5M=$5018.75
In this case the bid price which is lower is used when selling securities to the dealer
Assets Liabilities
10,000 8,000
250,000 175,000
8,000
Total Total
268,000 183,000
Fundamental Accounting Equation
Assets - liabilities= Equity
268,000-183,000=
85,000 is net worth
Hope this helps :)
( I'm doing accounting too)
