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Firlakuza [10]
3 years ago
8

Which of the following factors will make the demand for a product relatively elastic? rev: 05_14_2018 Multiple Choice Purchases

of the good require a small portion of consumers' budgets. There are few substitutes. The good is considered a necessity. The time interval considered is long.
Business
1 answer:
Hoochie [10]3 years ago
3 0

Answer:

The good is considered a necessity.

Explanation:

Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.

Usually elastic goods are those that can be replaced, so that rising prices cause a drastic drop in demand that will flow to another product. For example, if the price of the burger rises, consumers may stop buying burgers and substitute pizza (assuming these products are substitutes). On the contrary, if the good is needed, it usually tends to be inelastic, that is, the price increase does not considerably decrease the demand, because consumers need this good. For example, medicines.

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James Grunig, professor emeritus of public relations at the University of Maryland, listed the following possible objectives for
madam [21]

Answer: See explanation

Explanation:

According to James Grunig, professor emeritus of public relations at the University of Maryland, the five possible objectives for a communicator are:

• Message Exposure - This refers to situation when the intended people get exposed to the message that is being shared. Here, materials are provided to the mass media by the PR personel.

• Accurate dissemination of message - Messages must be passed across and communicated as clearly as possible without giving out false information or witholding back some information which is vital for the accuracy of the information delivered.

• Acceptance of the message - The message passed must be accepted by the person that's being addressed.

• Attitude change - There must be an attitude change after the message has been delivered as these shows acceptance and products should be purchased.

• Change in overt behavior - Overt behavior is openly seen and hence, there will be change in overt behavior and the goods will be purchased.

3 0
3 years ago
Division A manufactures an aircraft engine component with unit variable product cost of $38 and market price of $50. Division A
olya-2409 [2.1K]

Answer:

The maximum transfer price would be $50.

Explanation:

The maximum transfer price is nothing but the market price for the product , which is the most simple way to derive a transfer price . Here by selling the components of aircraft engines at market price, there are very good chances of high profits to be earned. So the maximum transfer price should be $50.

7 0
3 years ago
the stock of abc company has a dividend yield of 4%. the corporation has paid a dividend of $3.00 a share over the last 12 month
Nana76 [90]

Here ,Dividend yield = 4%

Earnings per share = 3

Dividend yield is calculated as follows

Dividend yield = Dividend per share / Current market price

4% = 3 / Current market price

Current market price =  34% = 75

Consequently, the current market price per share is $75

<h3>What is meant by the current market? How can I find the most recent market price?</h3>

Current Market refers to the Principal Market, as of any date of determination, on which the Parent's shares of common stock are then listed, traded, and quoted.

Check the P/E ratio and earnings per share in the company's annual report for the accounting period to get an idea of the market price for that particular date. For instance, if the P/E ratio is 20 and the company reported EPS of 7.50, the expected market price comes out to 150 per share.

To learn more about market price visit:

brainly.com/question/24179422

#SPJ4

4 0
2 years ago
Difference between qualified and ordinary dividends
DedPeter [7]

Answer:

A qualified dividend is taxed at the capital gains tax rate and ordinary dividends are taxed at standard federal income tax rates. Qualified dividends must meet special requirements put in place by the IRS.

Explanation:

4 0
2 years ago
Simplify the expression 2\5(5k+35)8
Grace [21]
2/5(40k)8 that's your answer. I'm in 8th grade iTS NOT HE RIGHT ANSWER I GUESSED

3 0
4 years ago
Read 2 more answers
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