Answer:
b. Dividing the firm's sales by the total market sales for the entire industry
Explanation:
The formula to compute the market share is shown below:
Market share = Firm sales revenue ÷ Overall market sales revenue
Let us take an example
The firm sales revenue is $100,000
And Overall market sales revenue $50,000
So, the market share would be
= $100,000 ÷ $50,000
= 2
Therefore, the most appropriate option is b.
Answer:
The correct answer is the last option: Any company that has stock that outside vendors can buy or sell.
Explanation:
To begin with, a <em>''publicly traded company''</em> is a company whose ownership is organized via shares of stock of the organization which are understand to be freely traded in any stock exchange or in over-the-counter market. Moreover, this type of association is formed within the legal systems of particular states and therefore that they legal limitations resides over the law of the country that they have been created in. To sum up, a public company is a type of organization that can be choose to use depending the legal systems of the country in order to acquire certain advantages when it comes to manage the company.
Answer:
1) $9615.38
2)$9245.56
3) b is the correct option.
Explanation:
See the attached pictures for detailed answer.
False, If wage goes up so will everything else
Answer:
-0.523 and inelastic
Explanation:
The computation of the price elasticity of demand using mid point formula is given below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of quantity demanded)
where,
Change in quantity demanded is
= Q2 - Q1
= 150 units - 200 units
= -50 units
And, average of quantity demanded would be
= (150 units + 200 units ) ÷ 2
= 175 units
Change in price would be
= P2 - P1
= 3,500 - 2,000
= 1,500
And, average of price would be
= (3,500 + 2,000) ÷ 2
= 2750
So, after solving this, the price is -0.523
Since the price elasticity of demand is less than 1 so it would be inelastic
