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iris [78.8K]
4 years ago
14

The aggregate expenditures model assumes flexible prices true or false

Business
2 answers:
Murljashka [212]4 years ago
4 0
The answer to this is true
antoniya [11.8K]4 years ago
4 0
The Answer I think it is is True
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Using context clues it is very obviously 1. Strategic
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Which field deals with behavioral issues as well as technical issues surrounding the development, use, and impact of information
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Information systems for management. focuses on the development, usage, and effect of information systems utilized inside an organization, as well as behavioral and technical concerns related to these topics.

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What three different types of management information systems are there?

Operational-level systems, management-level systems, and strategic-level systems are the three primary kinds of information systems that serve various organizational levels.

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2 years ago
The purpose of domains in a typical IT infrastructure is to: a. help organize the roles, responsibilities, and accountabilities
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a. help organize the roles, responsibilities and accountabilities for risk management and risk mitigation.

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Domain connects remote users to the organization network. It helps host to define the access to specific user. Domain holds all the critical information and data in the system. It defines the roles and responsibilities for risk mitigation.

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Lynn Brown is widely known as the one of the best customer relationship managers in her company. Over the years she has develope
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Assume you are the new Product Manager in our Amazon Prime business and are in charge of Pricing. The VP would like to lower the
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Answer:

Provided in Explanation

Explanation:

This is a very general question however I’ll try to answer it to the best of my knowledge.

If I use my own assumptions then these will be the Projections:

Selling Price         $79.99  Selling Price         $69.99

Cost of Sales/unit $40.00  Cost of Sales/unit $40.00

Expenses/unit $15.00  Expenses/unit $15.00

   

Demand @ $79.99 1000 Demand @ $69.99 1200

   

Sales         $79,990.00  Sales         $83,988.00

Cost of Sales $40,000.00  Cost of Sales $48,000.00

Expenses $15,000.00  Expenses $18,000.00

Profit        $24,990.00        Profit         $17,988.00

The final decision however relies on the Price Elasticity of the Product. If the Product is Price elastic then lowering the Price will lead to a significant rise in Demand. However if the Product is Price inelastic then lowering the Price will not lead to a significant rise in Demand and thus profit margins will be lowered. If the Product is Price inelastic then it is better to increase prices in order to gain more profits. In the case of Unit Elasticity the change in Demand will be at the same proportion as price change so it won’t be of any use to change the Price.

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