No it does not it is a non-alcohol soft drink
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When price increases by 10 percent, the quantity supplied increases by nine percent.
<h3>What is the percentage increase in the quantity supplied?</h3>
Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good. Price and quantity supplied have a positive relationship.
If the value of the price elasticity of supply is less than one, it means that supply in inelastic. Supply is inelastic if a small change in price has little or no effect on quantity supplied.
Price elasticity of supply = percentage change in quantity supplied / percentage change in price
percentage change in quantity supplied = percentage change in price X price elasticity of supply
0.9 x 10 = 9%
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Answer:
$506,000
Explanation:
The gross profit of a company is the balance left after the deduction of costs associated with producing or selling of the company's goods or cost associated with providing services from the net revenue
The gross profit is simply calculated as
= Net revenue - Cost of goods sold
= $870,000 - $364,000
= $506,000
Therefore, Callie's gross profit is $506,000
The correct answer to this open question is the following.
Although there are no options attached, we can say the following.
Financial reports are created and used to evaluate the financial performance of the business. The function that is responsible for creating the reports is Financial Accounting.
One of the most important areas of a company is the financial department because it has to keep healthy numbers and finances in order to make the corporation to prosper.
Financial Accounting is the area that records and reports every single transaction of the company and then prepares all the reports needed by lay to show the transparency of the records. Among others, these reports are the cash flow statement, the balance sheet, and all the financial statements that show managers and owners how the company is doing.
Answer: To make it more likely that the results are not due to a few unusual individuals or circumstances
Explanation: Particular reasons are as follow:
- To check as much data as possible for better results.
- To ensure that the data works same for an individual ,organisation.
- To find all possible error related to data and experiment.
- This is a necessary task for greater satisfaction by doing all kinds of experiment.
- For finding all types of Variables and Variation .