Answer: b. select appropriate corporate-level strategies
Explanation:
Prior to setting pricing options for its products to maximize profit, a company must select appropriate corporate-level strategies.
This is necessary in order to ensure that the strategies aligns with what the organization is willing to do in order to achieve its profit maximization goal.
Answer:
Winkin, with 25 shares of Boat Corporation, qualifies for Section 351 deferral of any gain or loss.
Explanation:
IRC Section 351 has this major requirement; it only applies to the exchange of property for voting stock in the corporation. If any shareholder involved in the transaction receives equity for something other than voting stock, e.g. services; the transaction may not qualify for tax deferral.
There has been a study that has conducted of hazing should
be a part or not in organizations with the greek students. Almost all of the
people that have surveyed and participated had agreed to have hazing as not a
part of the organizations which led to a result of 79.4%, while the remaining
12.8% has agreed that hazing is an essential part of the organization.
Answer:
The correct answer is b) false.
Explanation:
A consumer survey allows companies to collect information from potential consumers who use various media.
Written surveys: this is used when a researcher tries to collect complete information from consumers. Written surveys should be concise, because if they are long, consumers may not complete them.
Questions from these types of surveys should be carefully selected so that feedback is easily obtained. Written surveys can be sent to a random sample of individuals and the responses can be analyzed in a generalized manner, so that they represent a population.
Typically, this type of survey is used to gather information on sensitive issues, as respondents can take their survey home and provide comments at the most convenient time.
<u>Solution</u>: The correct answer is option D
<u>Explanation</u>:
The following formula is applied for calculating elasticity of demand:
![\mathrm{e}=\left[\left(\mathrm{Q}_{2}-\mathrm{Q}_{1}\right) /\left\{\left(\mathrm{Q}_{1}+\mathrm{Q}_{2}\right) / 2\right\}\right] /\left[\left(\mathrm{P}_{2}-\mathrm{P}_{1}\right) /\left\{\left(\mathrm{P}_{1}+\mathrm{P}_{2}\right) / 2\right\}\right]](https://tex.z-dn.net/?f=%5Cmathrm%7Be%7D%3D%5Cleft%5B%5Cleft%28%5Cmathrm%7BQ%7D_%7B2%7D-%5Cmathrm%7BQ%7D_%7B1%7D%5Cright%29%20%2F%5Cleft%5C%7B%5Cleft%28%5Cmathrm%7BQ%7D_%7B1%7D%2B%5Cmathrm%7BQ%7D_%7B2%7D%5Cright%29%20%2F%202%5Cright%5C%7D%5Cright%5D%20%2F%5Cleft%5B%5Cleft%28%5Cmathrm%7BP%7D_%7B2%7D-%5Cmathrm%7BP%7D_%7B1%7D%5Cright%29%20%2F%5Cleft%5C%7B%5Cleft%28%5Cmathrm%7BP%7D_%7B1%7D%2B%5Cmathrm%7BP%7D_%7B2%7D%5Cright%29%20%2F%202%5Cright%5C%7D%5Cright%5D)
Here, Q2 = 2 million
Q1 = 4 million
P2 = $3
P1 = $2
![\begin{array}{l}\mathrm{e}=[(2-4) /\{(4+2) / 2\}] /[(\$ 3-\$ 2) /\{(\$ 2+\$ 3) / 2\}] \\\mathrm{e}=[(-2) / 3] /[1 / 2.50]\end{array}](https://tex.z-dn.net/?f=%5Cbegin%7Barray%7D%7Bl%7D%5Cmathrm%7Be%7D%3D%5B%282-4%29%20%2F%5C%7B%284%2B2%29%20%2F%202%5C%7D%5D%20%2F%5B%28%5C%24%203-%5C%24%202%29%20%2F%5C%7B%28%5C%24%202%2B%5C%24%203%29%20%2F%202%5C%7D%5D%20%5C%5C%5Cmathrm%7Be%7D%3D%5B%28-2%29%20%2F%203%5D%20%2F%5B1%20%2F%202.50%5D%5Cend%7Barray%7D)
e = - 1.67
Thus, the absolute value is 1.67.
The ginger ale is price elastic because the absolute value is higher than 1. An increase in price will decrease its total revenue.
Thus, the following statement is true: (d) The demand for ginger ale is price elastic, so an increase in the price of ginger ale will decrease the total revenue of ginger ale producers.
